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Interim Report | Financials | 11 Feb, 2015 | 11:55 | Regulatory

Year-End Report 2014

Comments from CEO Johan Hjertonsson:

  • 2014 was the Group’s best year ever in terms of sales, operating profit and operating cash flow.
  • Despite very strong sales, our order book is larger at the end of 2014 than at the beginning of the year.
  • A strong fourth quarter resulted in an operating profit of MSEK 86.6 (83.6).
  • Very strong cash flow from operating activities during the period, MSEK 199.4 (102.4).
  • Sales for the three-month period grew by 9 per cent year-on-year, which is unchanged after adjusting for currency and acquisitions.
  • The quarterly order intake expanded by 3 per cent, which is a decrease of 4 per cent adjusted for currency and acquisitions.
  • Our strong offering in energy efficient LED lighting solutions and control systems has increased the Group’s market share over the last few quarters.
  • Net sales of LED lighting solutions has continued to grow and in the quarter it was slightly less than half of the total sales
  • Investments to develop our offering in LED Lighting and control systems is further accelerated.

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.

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