· The order intake was MSEK 976.1 (983.3), which is a decrease of 6 per cent adjusted for currency effects and acquired units · Net sales were MSEK 905.5 (885.5), which is a decrease of 5 per cent adjusted for currency effects and acquired units · The operating profit was MSEK 72.7 (75.4), representing an operating margin of 8.0 (8.5) per cent · Earnings after tax were MSEK 51.6 (49.5), an increase of 4 per cent · Earnings per share were SEK 1.36 (1.31) · Cash flow from operating activities was MSEK 56.5 (17.5) Comments from CEO Johan Hjertonsson: · A stable quarter which consolidates the Group at the same high level as in the first quarter of 2014. · Cash flow and earnings per share were better than in the previous year. · The order intake, sales and operating profit continues at a good level. · The order backlog is at a satisfactory high level. · The LED share in the period was about 50 per cent. · Market growth over the period was good in the UK, stable in Scandinavia and lower in large parts of the eurozone. 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 2,400 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, Eagle Lighting, I-Valo and Arlight. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.
Interim Report January–March 2015
| Source: Fagerhult, AB