Interim report, January – June 2013


  · Orders received MSEK 1,551 (1,659). After adjustment for currency effects,
orders received have decreased by 3% compared with the previous year.
  · Net Sales MSEK 1,430 (1,539). After adjustment for currency effects, sales
have decreased by 3%.
  · Operating profit MSEK 85.3 (105.0), an operating margin of 6.0 (6.8) %.
  · Profit after tax MSEK 55 (59.4).
  · Earnings per share SEK 4.36 (4.71).
  · During the quarter, I-Valo Oy was acquired in Finland.

Comments by CEO Johan Hjertonsson:

  · The demand in the late-cycle Indoor Lighting and Retail Lighting Business
Areas is stable at a low level, which is in line with previous assessments, and
we believe that the market is likely to continue to be weak during the second
half year.
  · A positive level of orders received was seen in the second quarter, MSEK 818
(861), which is an increase of 12% compared with the first quarter 2013. This is
a decline compared with the strong comparative period Q2 2012 which had been
largely due to the strong Swedish krona.
  · An improved operating profit in the second quarter compared with the
previous year, MSEK 50.9 (44.7).
  · The lower level of sales has been compensated for through costs savings and
a stronger gross margin during the second quarter.
  · Strong cash flow from the on-going operations during the quarter.
  · I-Valo Oy was acquired during the quarter and compliments the Group’s
offering to heavy industry.
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

Håkan Gabrielsson CFO tel: 46 8 52 23 59 48 mobile: 46 70 84 40 918 e-mail:
hakan.gabrielsson@fagerhult.se
Fagerhult is one of Europe’s leading lighting groups with approximately 2,200
employees and operations in 20 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,
Designplan Lighting and I-Valo. AB Fagerhult is listed on the Nasdaq OMX Nordic
Exchange in Stockholm.

Pièces jointes

08219849.pdf