Interim Report Q3 January-September 2022
The third quarter:
- Order intake was MSEK 1,891 (1,895), a decrease of -0.2% adjusted to -5.2% for currency effects of MSEK +94
- Net sales were MSEK 2,081 (1,745), an increase of +19.3% adjusted to +13.0% for currency effects of MSEK +109
- Operating profit was MSEK 218.8 (184.2), an increase of +18.8% with an operating margin of 10.5 (10.6)%
- Earnings after tax were MSEK 156.9 (127.6)
- Earnings per share were SEK 0.89 (0.72)
- Cash flow from operating activities was MSEK 85.3 (201.8)
Comment from CEO Bodil Sonesson:
Customer demand was very strong, resulting in the second highest quarterly net sales level ever. Our modern connected lighting solutions help customers reduce energy consumption by up to 90%.
An investor webcast following the Quarter 3 Report 2022 will be held on 28 October 2022 at 09:30 CET.
A link to the webcast and a management presentation will be available on https://www.fagerhultgroup.com/investors.
This disclosure contains information that Fagerhult is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 28-10-2022 09:00 CET.