Year - End Report 2009 • Net sales MSEK 2,436 (2,770) • Operating profit MSEK 104.2 (272.4) • Restructuring costs have charged profit by MSEK 35 (0) • Profit after taxes MSEK 74.0 (184.1) • Earnings per share SEK 5.87 (14.62) • Order intake MSEK 2,520 (2,724) • Proposed dividend per share SEK 3.00 (5.50) per share Comments from the Group CEO Johan Hjertonsson: • The weak business cycle has continued during the fourth quarter, however, demand has stabilized. • Order intake, adjusted for comparable operations is 5 % lower than in the previous year. • The Business Area Retail Lighting was impacted the most by the downturn in the economy. • The close-down of the factories in Borås and Falkenberg is going according to plan and will be completed during the first quarter of 2010. • Strong cash flow from operating activities, MSEK 215. 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 Ulf Karlsson CFO tel: +46 36 10 85 63 mobile: +46 70 537 04 54 e-mail: ulf.karlsson@fagerhult.se The Fagerhult Group with 1,900 employees is the largest lighting group in the Nordic region and a leading force in Europe. We develop, manufacture and market professional lighting systems for public environments. The group has sales companies in Sweden, Norway, Denmark, Finland, United Kingdom, Ireland, the Netherlands, France, Spain, Germany, Austria, Estonia, Poland, Russia, Dubai, Australia and China. Production facilities are located in Habo, Falkenberg, Borås and Åhus in Sweden, Manchester in England, Melbourne in Australia,Suzhou, China and in Belgium. The group, which includes Fagerhults Belysning, Ateljé Lyktan,Fagerhult Retail, Elenco, Eagle Lighting, Project Lighting and Whitecroft Lighting, has a turnover of SEK 2,400 million. AB Fagerhult is quoted on the OMX Nordic Exchange in Stockholm, Mid Cap.
Year - End Report 2009
| Source: Fagerhult, AB