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Fagerhult AB (FAG.ST)

FAG.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fagerhult Appoints Bodil Sonesson New CEO
Thursday, 24 May 2018 07:11am EDT 

May 24 (Reuters) - Fagerhult AB ::BODIL SONESSON APPOINTED AS NEW CEO FOR AB FAGERHULT.SONESSON TO TAKE OFFICE ON NOV 24, 2018 AT THE LATEST.  Full Article

Fagerhult Signs Agreement To Acquire Veko Lightsystems International B.V.
Thursday, 15 Mar 2018 11:01am EDT 

March 15 (Reuters) - FAGERHULT AB ::FAGERHULT SIGNS AN AGREEMENT TO ACQUIRE VEKO LIGHTSYSTEMS INTERNATIONAL B.V..SAYS ‍ACQUISITION IS EXPECTED TO HAVE A POSITIVE EFFECT ON EARNINGS PER SHARE DURING 2018 AND FORWARD​.SAYS ‍FAGERHULT PAYS MEUR 31.5, ON A CASH AND DEBT FREE BASIS, AS AN INITIAL PAYMENT FOR 100% OF SHARES OF VEKO LIGHTSYSTEMS INTERNATIONAL B.V., PENDING APPROVAL FROM GERMAN COMPETITION AUTHORITY​.ADDITIONAL EARNOUT OF MEUR 9.5 MEUR CAN BE PAID EACH YEAR FOR 3 YEARS FROM 2018 TO 2020 TIED TO COMPANY PERFORMANCE.SAYS ‍AN ADDITIONAL EARNOUT OF MEUR 9.5 MEUR CAN BE PAID EACH YEAR FOR 3 YEARS FROM 2018 TO 2020 TIED TO COMPANY PERFORMANCE​.SAYS ‍FURTHER, AN ADDITIONAL 5.0 MEUR EARNOUT CAN ALSO BE PAID BASED ON CUMULATIVE PERFORMANCE FROM 2018-2020​.TRANSACTION IS FINANCED WITH EXISTING CASH AND NEW CREDIT FACILITIES.DEAL IS EXPECTED TO CLOSE DURING 2ND QUARTER OF 2018..  Full Article

Fagerhult Q4 Operating Profit Up At SEK ‍​172.4 Million
Monday, 26 Feb 2018 05:46am EST 

Feb 26 (Reuters) - FAGERHULT AB ::Q4 OPERATING PROFIT SEK ‍​172.4 MILLION VERSUS SEK 119.9 MILLION YEAR AGO.Q4 ORDER INTAKE SEK 1.30 BILLION VERSUS SEK 1.21 BILLION YEAR AGO.Q4 NET SALES SEK 1.32‍​ BILLION VERSUS SEK 1.17 BILLION YEAR AGO.PROPOSES DIVIDEND OF SEK 2.00 (1.50) PER SHARE FOR 2017.  Full Article

Fagerhult says CEO Hjertonsson to leave co during 2018
Thursday, 26 Oct 2017 01:00pm EDT 

Oct 26 (Reuters) - Fagerhult Ab ::PRESIDENT AND CEO JOHAN HJERTONSSON IS TO LEAVE FAGERHULT DURING 2018.‍BOARD APPOINTED EXTERNAL RECRUITMENT CONSULTANT TO RECRUIT SUCCESSOR TO HJERTONSSON, WHO WILL REMAIN AS CEO UNTIL SUCCESSOR TAKES OFFICE​.  Full Article

Fagerhult Q3 operating profit up at SEK 192.2 mln
Tuesday, 24 Oct 2017 03:31am EDT 

Oct 24 (Reuters) - FAGERHULT AB ::Q3 NET SALES SEK 1.31 ‍​ BILLION VERSUS SEK 1.14 BILLION YEAR AGO.Q3 OPERATING PROFIT SEK ‍​192.2 MILLION VERSUS SEK 165.4 MILLION YEAR AGO.  Full Article

Fagerhult Q2 operating profit at SEK 159.9 million
Thursday, 17 Aug 2017 05:21am EDT 

Aug 17 (Reuters) - FAGERHULT AB ::Q2 NET SALES SEK ‍​ 1.30 BILLION VERSUS SEK 1.14 BILLION YEAR AGO.Q2 OPERATING PROFIT SEK 159.9 MILLION VERSUS SEK 153.5 MILLION YEAR AGO.  Full Article

Fagerhult Q1 operating profit increases to SEK 153.4 mln
Wednesday, 3 May 2017 08:35am EDT 

May 3 (Reuters) - FAGERHULT AB ::Q1 NET SALES SEK 1.24 BILLION VERSUS SEK 1.03 BILLION YEAR AGO.Q1 OPERATING PROFIT SEK 153.4 MILLION VERSUS SEK 85.4 MILLION YEAR AGO.Q1 ORDER INTAKE SEK 1.31 BILLION VERSUS SEK 1.14 BILLION YEAR AGO.  Full Article

Fagerhult acquires the IPR and assets of Organic Response
Monday, 3 Apr 2017 03:01am EDT 

FAGERHULT AB : FAGERHULT ACQUIRES THE INTELLECTUAL PROPERTY RIGHTS (IPR) AND ASSETS OF ORGANIC RESPONSE .ACQUIRED IPR AND CERTAIN OF ASSETS OF ORGANIC RESPONSE PTY LTD (ADMINISTRATORS APPOINTED) AND ORGANIC RESPONSE INVESTORS PTY LTD (ADMINISTRATORS APPOINTED).  Full Article

Fagerhult completes the acquisition of WE-EF
Thursday, 9 Mar 2017 10:36am EST 

Fagerhult Ab : Fagerhult completes the acquisition of WE-EF and Flux Eclairage after receiving regulatory approval from the German Competition Authority .Says acquisition is expected to have a positive effect on the earnings per share during 2017 and forward.  Full Article

Fagerhult Q4 operating profit rises to SEK 119.9 mln
Tuesday, 21 Feb 2017 04:59am EST 

Fagerhult AB : Proposes dividend of 4.50 crowns per share for 2016 . Proposes 3:1 share split . Q4 net sales 1.17 billion Swedish crowns ($130.24 million) versus 1.03 billion crowns year ago . Q4 operating profit 119.9 million crowns versus 108.5 million crowns year ago .Q4 order intake 1.21 billion crowns versus 1.10 billion crowns year ago.  Full Article