Interim Report | 20 Oct, 2010 | 10:36 | Regulatory
Interim report, January – September 2010
- Net sales MSEK 1,797 (1,841), adjusted for exchange rate differences, sales have increased by 1%
- Operating profit MSEK 96.7 (69.0*)
- Income after taxes MSEK 69.1 (47.7*)
- Earnings per share SEK 5.48 (3.78*)
- Order intake MSEK 1,810 (1,923), adjusted for exchange rate differences, order intake has decreased by 2.6%
*) After adjustments for restructuring provisions of MSEK 35
- Operating profit MSEK 96.7 (69.0*)
- Income after taxes MSEK 69.1 (47.7*)
- Earnings per share SEK 5.48 (3.78*)
- Order intake MSEK 1,810 (1,923), adjusted for exchange rate differences, order intake has decreased by 2.6%
*) After adjustments for restructuring provisions of MSEK 35
Comments by CEO Johan Hjertonsson:
- A strong result in the third quarter which was better than the results in the previous year
- The strengthening of the Swedish krona has impacted profits negatively, by MSEK 25, of which MSEK 10 in the third quarter
- Global shortage of electronic components negatively impacts the Group’s productivity
- New reporting structure implemented
Contact information
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
Ulf Karlsson CFO tel: 46 36 10 85 63 mobile: 46 70 537 04 54 e-mail: ulf.karlsson@fagerhult.se
Company information
Fagerhult is one of Europe’s leading lighting groups with approximately 2,000 employees and operations in 17 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, Waco, Ateljé Lyktan and Whitecroft Lighting. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.