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 interoperable.

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.