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Interim Report | Financials | 25 Oct, 2019 | 09:15 | Regulatory

Interim Report January-September 2019

The third quarter: · Order intake was MSEK 2,038 (1,441), which is an overall increase of 41.4% adjusted to -3.3% for acquisitions of MSEK 619.8 and currency effects of MSEK 24.9 · Net sales were MSEK 2,066 (1,441), which is an overall increase of 43.4% adjusted to -1.6% for acquisitions of MSEK 614.6 and currency effects of MSEK 34.2 · Operating profit was MSEK 255.1 (195.0) representing a 30.8% increase with an operating margin of 12.3 (13.5)% · Earnings after tax were MSEK 181.1 (135.0), an increase of 34.1% · Earnings per share were SEK 1.02 (1.18) · Cash flow from operating activities was MSEK 400.4 (181.7)

Comments from CEO Bodil Sonesson:

  • It is pleasing to see that the performance of the Group is improving.
  • I am satisfied to see that the performance improvement programme starts to bring results. However, in some businesses there is still more to do as the results are slow to come.
  • The involvement of our Italian colleagues continues to increase, the networks and relationships continue to build in a positive way.
  • Organic growth remains the key focus for all workstreams, in the short and long term.
  • The strategic review and alignment process continues, with the objective to build an even stronger Fagerhult Group.

Disclosures may be submitted by

Bodil Sonesson CEO, mobile: +46 72223 7602 e-mail: bodil.sonesson@fagerhult.se

Michael Wood CFO, mobile: +46 73 087 46 47 e-mail: michael.wood@fagerhult.se

This information is inside information that AB Fagerhult (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and information that AB Fagerhult (publ) is obliged to make public pursuant to the Securities Markets Act.

The information was submitted for publication, through the agency of the contact person set out above, at 09.15 CET on October 25, 2019.

Fagerhult is one of Europe’s leading lighting groups with approximately 4,900 employees and operations in more than 30 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, iGuzzini, Ateljé Lyktan, LTS, Whitecroft Lighting, Designplan Lighting, Eagle Lighting, I-Valo, Arlight, Lighting Innovation, LED Linear, WE-EF and Veko. AB Fagerhult is listed on the Nasdaq Nordic Exchange in Stockholm.

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