YEAR-END REPORT 2011
- Orders received MSEK 3,064 (2,507). After adjustments for acquired operations and currency effects, orders received have increased by 8.7 %
- Net sales MSEK 3,023 (2,506). After adjustments for acquired operations and currency effects, sales have increased by 6.3 %
- Operating profit MSEK 317.2 (152.9). Operating margin 10.5 % (6.1 %)
- Profit after tax MSEK 207.2 (94.5)
- Earnings per share SEK 16.43 (7.49)
- Proposed dividend of SEK 6.50 (3.50) per share
Comments by CEO Johan Hjertonsson:
- Record profit for the full year 2011
- Strong fourth quarter, with organic growth of 10 % compared with the same quarter during the previous year and with an operating margin of 10.8 % (7.9 %)
- Positive development in acquired entities
- Continued good level of orders received
- Strong cash flow
Disclosures may be submitted by:
Johan Hjertonsson CEO tel: +46 36 10 87 06 mobile: +46 70 229 77 93 e-mail: johan.hjertonsson@fagerhult.se
Håkan Gabrielsson CFO tel: +46 8 52 23 59 48 mobile: +46 70 84 40 918 e-mail: hakan.gabrielsson@fagerhult.se
Fagerhult is one of Europe’s leading lighting groups with approximately 2,200 employees and operations in 17 countries. We create modern products and exciting, energy-efficient and environmentally-adapted lighting installations, successfully integrated into their individual environments. The Group includes such strong brands as Fagerhult, Ateljé Lyktan, LTS, Whitecroft Lighting and Designplan Lighting. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.