Fagerhult, Interim Report January - June 2008

Fagerhult, Interim Report January - June 2008

• Net sales MSEK 1,404 (1,218)
• Operating profit MSEK 138.8 (80.8)
• Income after taxes MSEK 94.5 (50.3)
• Earnings per share SEK 7.51 (3.98)
• Order intake MSEK 1,450 (1,357)


Comments from Group CEO Per Borgvall
• Continued good demand on all markets
• Second quarter is "all time high"
• Growth during the period was 15%, of which 14% was organic
• Operating profit improved by 72%
• The implementation of rationalisation and market investments have given
results
• After the reporting period, an agreement regarding the sale of the home
lighting company Belid was signed


The Fagerhult Group with approximately 2,000 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.