Fagerhult: Interim report, January - March 2012

Tue Apr 24, 2012 8:10am EDT

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Fagerhult: Interim report, January – March 2012

Regulatory News:

· Orders received MSEK 798 (680). After adjustments for acquired operations and currency effects, orders received have increased by 12 % compared with the previous year

· Net sales MSEK 775 (693). After adjustments for acquired operations and currency effects, sales have increased by 6 %

· Operating profit MSEK 60.3 (52.7), an operating margin of 7.8 (7.6)%

· Profit after tax MSEK 32.6 (31.2)

· Earnings per share SEK 2.58 (2.47)

Comments by CEO Johan Hjertonsson:

· High level of orders received during the first quarter

· Positive cash flow from operating activities

· Slight weakening in the market for Retail lighting

· Red Dot Design Award for the Domino series in LTS Licht & Leuchten

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.

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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

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