Fagerhult, Interim report January - March 2008

Fagerhult, Interim report January - March 2008

• Net sales MSEK 697 (610)
• Income after financial items MSEK 60.9 (38.3)
• Income after taxes MSEK 43.3 (27.0)
• Earnings per share SEK 3.44 (2.13)
• Order intake MSEK 706 (658)


Comments from Group CEO Per Borgvall:
• Continued good demand on all markets
• Growth during the first quarter was 14%, of which 12% was organic
• Profit after financial items improved by 59%
• The Retail Lighting business area is continuing to improve
• Operations in Australia are developing well


The Fagerhult Group with approximately 1,900 employees is the largest lighting
group in the Nordic region and a leading force in Europe. We develop,
manufacture and market professional lighting systems for public environments as
well as offering a range of decorative lighting. The group has sales companies
in Sweden, Norway, Denmark, Finland, United Kingdom, Ireland, the Netherlands,
France, Germany, Estonia, Poland, Russia, Dubai, Australia and China. Production
facilities are located in Habo, Varberg, Falkenberg, Borås and Åhus in Sweden,
Manchester in England, Melbourne in Australia and in Suzhou, China. The group,
which includes Fagerhults Belysning, Ateljé Lyktan, Belid, Fagerhult Retail,
Elenco, Eagle Lighting, Project Lighting and Whitecroft Lighting, has a turnover
of SEK 2,500 million. AB Fagerhult is quoted on the OMX Nordic Exchange in
Stockholm, Mid Cap.