Interim Report January - September 2015

  • Order intake amounted to SEK 3,015.3 million (2,864.5), which was in line with last year, adjusted for currency effects and acquired units.
  • Net sales amounted to SEK 2,876.3 million (2,804.6), down 3% adjusted for currency effects and acquired units.
  • Operating profit totalled SEK 287.5 million (292.1), and the operating margin was 10.0% (10.4).
  • Profit after tax amounted to SEK 203.3 million (194.1)
  • Earnings per share were SEK 5.37 (5.13).
  • Cash flow from operating activities was SEK 217.9 million (191.6).

Comments by CEO Johan Hjertonsson:

  • Order intake remained strong during the quarter, amounting to SEK 948.5 million (912.7).
  • The Group’s best-ever quarter with operating profit of SEK 126.6 million (122.5) and sales amounting to SEK 1,011.8 million (974.8).
  • Improved cash flow from operating activities.
  • During the quarter, market growth remained favourable in the UK, and stable throughout the Nordic countries and most of the Euro zone.
  • The acquisition of the assets of Lighting Innovations in South Africa was completed.
  • Sales growth in LED lighting remained favourable.

Disclosures may be submitted by

Johan Hjertonsson CEO tel: +46 36 10 85 00 mobile: 46 70 229 77 93 e-mail: johan.hjertonsson@fagerhult.se

Håkan Gabrielsson CFO tel: +46 36 10 85 00 mobile: 46 70 84 40 918 e-mail: hakan.gabrielsson@fagerhult.se

Fagerhult is one of Europe’s leading lighting groups with approximately 2,400 employees and operations in 20 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, Designplan Lighting, Eagle Lighting, I-Valo and Arlight. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.

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About Us

Fagerhult is one of Europe’s leading lighting groups with approximately 4,900 employees and operations in more than 30 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, iGuzzini, Ateljé Lyktan, LTS, Whitecroft Lighting, Designplan Lighting, Eagle Lighting, I-Valo, Arlight, Lighting Innovation, LED Linear, WE-EF and Veko. AB Fagerhult is listed on the Nasdaq Nordic Exchange in Stockholm.