· Order intake amounted to SEK 3,015.3 million (2,864.5), which was in line with last year, adjusted for currency effects and acquired units. · Net sales amounted to SEK 2,876.3 million (2,804.6), down 3% adjusted for currency effects and acquired units. · Operating profit totalled SEK 287.5 million (292.1), and the operating margin was 10.0% (10.4). · Profit after tax amounted to SEK 203.3 million (194.1) · Earnings per share were SEK 5.37 (5.13). · Cash flow from operating activities was SEK 217.9 million (191.6). Comments by CEO Johan Hjertonsson: · Order intake remained strong during the quarter, amounting to SEK 948.5 million (912.7). · The Group’s best-ever quarter with operating profit of SEK 126.6 million (122.5) and sales amounting to SEK 1,011.8 million (974.8). · Improved cash flow from operating activities. · During the quarter, market growth remained favourable in the UK, and stable throughout the Nordic countries and most of the Euro zone. · The acquisition of the assets of Lighting Innovations in South Africa was completed. · Sales growth in LED lighting remained favourable. Disclosures may be submitted by Johan Hjertonsson CEO tel: +46 36 10 85 00 mobile: 46 70 229 77 93 e-mail: johan.hjertonsson@fagerhult.se Håkan Gabrielsson CFO tel: +46 36 10 85 00 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 - September 2015
| Source: Fagerhult, AB