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Interim Report | Financials | 13 May, 2019 | 13:50 | Regulatory

Interim Report January-March 2019

Comments from the CEO Bodil Sonesson:

  • Firstly, a very warm welcome to all colleagues from iGuzzini who join the Group. I very much look forward to work together and I am already seeing new relationships being formed. Also, on the business side we are very pleased with iGuzzini’s good start for March.
  • We enter 2019 in a healthy and strong position and for the first quarter I am very pleased with our strong development in Northern Europe, whilst some other regions have more challenges.
  • In the short and medium term we have initiated performance enhancing activities to strengthen the performance in some of our regions with challenges.
  • We have also initiated a strategic review to further strengthen the Group and take advantage of now being one of Europe’s largest and one of the most successful lighting companies.
  • As a part of the strategic review we also separately address connectivity to ensure we continue to have market leading lighting solutions for our customers.
  • So far 2019, has been, and will continue to be a busy and active year for all involved at Fagerhult Group. We look forward to the challenge.