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Interim Report | Financials | 23 Aug, 2021 | 11:15 | Regulatory

Interim Report January-June 2021

The second quarter:

  • Order intake was MSEK 2,123 (1,655), an increase of +28.3% adjusted to +35.3% for currency effects of MSEK -110 and disposals of MSEK -4
  • Net sales were MSEK 1,845 (1,726), an increase of +6.9% adjusted to +12.2% for currency effects of MSEK -82 and disposals of MSEK -9
  • Operating profit was MSEK 208.2 (153.6), an increase of 35.5% with an operating margin of 11.3 (8.9)%
  • Earnings after tax were MSEK 137.7 (98.8)
  • Earnings per share were SEK 0.78 (0.55)
  • Cash flow from operating activities was MSEK 200.3 (230.2)

Comments from CEO Bodil Sonesson:

  • We are pleased to see the good results in the quarter and half year for order intake and net sales, which delivered a strong increase in profitability.

  • Operating margins reached 11.3% for the quarter and 10.2% for the half year. This is a result of collective commitment and hard work from the teams in combination with a higher activity level on the market.

  • The high focus on sustainable solutions continue. During the quarter, Fagerhult launched a new version of one of their best-selling products “Multilume Re:Think”. In this new version the body of the luminaire is made from 100% recyclable cardboard, reducing climate impact by 83%.

  • Connected solutions continue to grow, Organic Response volumes increased 60% for the first half year.

  • The work on together determining the Group’s core values has reached its role out phase and now we start the journey to live them.

An investor webcast following the Quarter 2 Report 2021 will be held on 23 August 2021 at 15:30 CET.

A link to the webcast will be available on

A Management presentation will also be published on