News

The third quarter:

Fagerhult Group’s near and long-term targets have now been validated and approved by the Science Based Targets initiative (SBTi). The long-term target to become science-based net-zero is set to no later than 2045.

In light of the EU's ban of fluorescent lamps, property owners are now faced with the need to upgrade their lighting solutions. In this article we will explore the options available and the results in terms of quality, energy efficiency and sustainability.

A large part of the emissions from our products comes from them being used, in fact 88 percent originates from the use phase. That is why it is so important for us to develop solutions that are energy effective and to work even more closely together with our customers to reduce energy consumption.

Edwin Roobol has been appointed as Head of Business Area Collection at Fagerhult Group, including the brands ateljé Lyktan, iGuzzini, LED Linear and WE-EF.

The real estate sector is facing major challenges. Against the background of a weakening economic environment, the sector is under increasing pressure to improve the sustainability performance of both new builds and existing properties. There is no lack of ideas and systems for the digital transformation of the built environment, but there is a jungle of solutions which unfortunately are not inter

With an overall growth in sales and an increase in profitability the Group continues to show resilience and delivers good results.

Improving and maintaining existing buildings is an effective approach to mitigating the climate impact of the construction sector. About 85-95 % of the buildings that exist today within the EU will still be standing in 2050 and in October 2020, the EU unveiled its "Renovation Wave Strategy," aiming to at least double renovation rates over the next decade.

Stéphanie Praloran has been appointed as Head of Business Area Infrastructure at Fagerhult Group, including the brands Designplan Lighting, I-Valo and Veko that provide specialty lighting solutions for critical infrastructure and industry applications.

As a part of the RoHS directive, Restriction of the use of Hazardous Substances, EU has decided to ban fluorescent tubes. This means that old fluorescent tubes must be replaced by new LED alternatives that don’t contain mercury.

The Annual General Meeting of AB Fagerhult (publ) was held on 25 April 2023 in Fagerhult (the “AGM”). All resolutions were made in accordance with the proposals of the Board of Directors or the Nomination Committee. Complete information regarding the proposals to the AGM is available on the company’s website, www.fagerhultgroup.com.

The strong performance from 2022 continues in 2023 where, for the first quarter the Group delivered a great set of results. We see good growth for sustainable lighting solutions from the renovation opportunity.

Shareholders of AB Fagerhult (publ), Corporate Identity Number 556110-6203 are hereby given notice of the Annual General Meeting of the Company to be held on Tuesday, 25 April 2023 at 5:00 p.m. in Fagerhult, Åvägen 1, SE-566 92, Habo, Sweden.

AB Fagerhult (publ) Annual Report for 2022 has been published and is available on www.fagerhultgroup.com

Q4 net sales growth of 24.8% and the Group delivers it’s best year ever for net sales and operating profit.