Interim report, January - June 2010

Interim report, January - June 2010

- Net sales MSEK 1,166 (1,233)

- Net sales, excluding exchange rate differences MSEK 1,208 (1,233)

- Operating profit MSEK 40.4 (59.2)

- Income after taxes MSEK 28.2 (40.5)

- Earnings per share SEK 2.24 (3.21)

- Order intake MSEK 1,257 (1,356)

- Order intake, excluding exchange rate differences MSEK 1,302 (1,356

Comments by CEO Johan Hjertonsson

  · Lower-than-expected sales, primarily in the Nordic countries
  · Recovery within the business area Retail Lighting
  · Increased activity within the construction sector
  · Revenue during the second quarter after currency adjustments are
level with the previous year
  · Lower cost level for the Group. The fixed costs are reduced by MSEK
25 on a full-year basis.
  · Global shortage of electronic components impacts the Group's
productivity negatively.

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 (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 (ulf.karlsson@fagerhult.se)