Year-end report January-December 2022
The fourth quarter:
- Order intake was MSEK 1,964 (1,802), an increase of +9.0% adjusted to +2.6% for currency effects of MSEK +116
- Net sales were MSEK 2,271 (1,820), an increase of +24.8% adjusted to +16.7% for currency effects of MSEK +148
- Operating profit was MSEK 254.7 (161.1), an increase of +58.1% with an operating margin of 11.2 (8.9)%
- Earnings after tax were MSEK 168.9 (108.1
- Earnings per share were SEK 0.96 (0.61)
- Cash flow from operating activities was MSEK 365.5 (341.8
Comment from CEO Bodil Sonesson:
Q4 net sales growth of 24.8% and the Group delivers it’s best year ever for net sales and operating profit.
An investor webcast following the Quarter 4 Report 2022 will be held on 22 February 2023 at 09:30 CET. A link to the webcast and management presentation will be available on http://www.fagerhultgroup.com/investors
This disclosure contains information that Fagerhult is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 22-02-2023 08:20 CET.
Contact information
Disclosures may be submitted by
Bodil Sonesson CEO, mobile: +46 722 23 76 02 e-mail: bodil.sonesson@fagerhultgroup.com
Michael Wood CFO, mobile: +46 730 87 46 47 e-mail: michael.wood@fagerhultgroup.com
Company information
The Fagerhult Group is one of Europe's leading lighting companies with 4,100 employees in 27 countries and a turnover of 8.270 MSEK in 2021. We consist of 12 brands organized into four business areas – Collection, Premium, Professional and Infrastructure.
All our brands produce high-quality professional lighting solutions and we work mainly on specifications together with our partners. Together we cover almost every professional lighting application and our presence is worldwide.