Fagerhult: YEAR-END REPORT 2012

Fri Feb 15, 2013 4:27am EST

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HABO, Sweden--(Business Wire)--
Regulatory News: 

Fagerhult (STO:FAG)

* Orders received MSEK 3,122 (3,064) 
* After adjustments for acquired operations and currency effects, orders
received increased by 2 % compared with the previous year 
* Net sales MSEK 3,085 (3,023). After adjustments for acquired operations and
currency effects, sales increased by 2 % 
* Operating profit MSEK 251.5 (317.6). Operating margin 8.2 % (10.5 %) 
* Profit after tax MSEK 159.1 (208.3) 
* Earnings per share SEK 12.61 (16.52) 
* Proposed dividend of SEK 6.50 (6.50) per share

Comments by CEO Johan Hjertonsson:

* Increased sales compared with the previous year 
* The weak economic climate seen within Retail Lighting, resulted in a lower
level of orders received and in a lower operating margin than in the previous
* Increasingly clear signs of a downward trend in Indoor Lighting during the
fourth quarter 
* Continued focus on adapting cost levels, but product development investments
* Good cash flow during the year 
* The strong Swedish krona impacted profit negatively

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

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Johan Hjertonsson
Tel: 46 36 10 87 06
Mobile: 46 70 229 77 93
Håkan Gabrielsson
Tel: 46 8 52 23 59 48
Mobile: 46 70 84 40 918

Copyright Business Wire 2013

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