Interim Report Q1 January-March 2022
The first quarter showed good growth in order intake and net sales. This is the result of high level of innovation and successes on the market from all our Group brands.
The first quarter:
- Order intake was MSEK 2,204 (1,854), an increase of +18.9% adjusted to +14.0% for currency effects of MSEK +90
- Net sales were MSEK 1,873 (1,678), an increase of +11.6% adjusted to +7.5% for currency effects of MSEK +70
- Operating profit was MSEK 173.3 (152.9), an increase of +13.5% with an operating margin of 9.3 (9.1)%
- Earnings after tax were MSEK 119.5 (96.2)
- Earnings per share were SEK 0.68 (0.53)
- Cash flow from operating activities was MSEK -68.4 (58.6)
Comment from CEO Bodil Sonesson:
The first quarter showed good growth in order intake and net sales. This is the result of high level of innovation and successes on the market from all our Group brands.
An investor webcast following the Quarter 1 Report 2022 will be held on 27 April 2022 at 09:00 CET.
A link to the webcast and a management presentation will be available on https://www.fagerhultgroup.com/investors.
Disclosures may be submitted by
Bodil Sonesson CEO, mobile: +46 722 23 76 02 e-mail: bodil.sonesson@fagerhultgroup.com
Michael Wood CFO, mobile: +46 730 87 46 47 e-mail: michael.wood@fagerhultgroup.com
This information is inside information that AB Fagerhult (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and information that AB Fagerhult (publ) is obliged to make public pursuant to the Securities Markets Act.
The information was submitted for publication, through the agency of the contact person set out above, at 14:10 CET on 26th of April 2022.
The Fagerhult Group is one of Europe's leading lighting companies with 4,100 employees in 28 countries and a turnover of 7.100 MSEK in 2021. We consist of 12 brands organized into four business areas – Collection, Premium, Professional and Infrastructure.
All our brands produce high-quality professional lighting solutions and we work mainly on specifications together with our partners. Together we cover almost every professional lighting application and our presence is worldwide.
