Fagerhult: Year-End Report 2011

Tue Feb 7, 2012 5:43am EST

* Reuters is not responsible for the content in this press release.

Fagerhult: Year-End Report 2011

Regulatory News:

  • 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

Fagerhult (STO:FAG) 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.

This information was brought to you by Cision http://www.cisionwire.com

Fagerhult:
Johan Hjertonsson
CEO
tel: +46 36 10 87 06
mobile: +46 70 229 77 93
e-mail: johan.hjertonsson@fagerhult.se
or
Håkan Gabrielsson
CFO
tel: +46 8 52 23 59 48
mobile: +46 70 84 40 918
e-mail: hakan.gabrielsson@fagerhult.se

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.