Fagerhult: Interim report, January - June 2012

Thu Aug 16, 2012 5:53am EDT

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Fagerhult: Interim report, January – June 2012

Regulatory News:

Fagerhult (STO:FAG)

  • Orders received MSEK 1,659 (1,504). After adjustments for acquired operations and currency effects, orders received have increased by 8 % compared with the previous year
  • Net sales MSEK 1,539 (1,433). After adjustments for acquired operations and currency effects, sales have increased by 4 %
  • Operating profit MSEK 105.0 (123.4). Operating margin 6.8 (8.6) %
  • Operating margin excluding non-recurring items previous year 6.8 (8.1) %
  • Profit after tax MSEK 59.6 (74.9)
  • Earnings per share SEK 4.73 (5.94)

Comments by CEO Johan Hjertonsson:

  • High level of orders received during the first half-year
  • Weakening in the market for Retail lighting and, subsequently, a weaker operating margin
  • Strong focus on expenses but investments in product development continue
  • Atelje Lyktan has received the Red Dot Design Award for the products Quad and Moon

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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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
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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