Interim Report January - June 2014


  · The order intake was MSEK 1,952 (1,551), which is an increase of 16 per cent
adjusted for currency effects and acquired units.
  · Net sales were MSEK 1,830 (1,430), an increase of 17 per cent adjusted for
currency effects and acquired units.
  · The operating profit was MSEK 169.6 (85.3), representing an operating margin
of 9.3 (6.0) per cent.
  · The profit after tax was MSEK 114.0 (55.0).
  · Earnings per share were SEK 3.01 (1.45).
  · During the quarter a 3:1 share split was completed, in accordance with the
resolution adopted at the Annual General Meeting.
Comments by CEO Johan Hjertonsson:

  · A strong second quarter with high growth and an 85 per cent improvement in
our operating profit.
  · Our strong offering in LED lighting solutions has increased the Group’s
market shares over the past four quarters.
  · The share of LED solutions was 38 per cent during the three-month period and
LED investments have been further accelerated.
  · At the beginning of the second quarter the order backlog had increased by
over MSEK 100 year on year, excluding acquired units.
  · Cash flow was strong, as growth has been achieved with a low level of
capital tied up.
Disclosures may be submitted by

Johan Hjertonsson CEO tel: 46 36 10 87 06 mobile: 46 70 229 77 93 e-mail:
johan.hjertonsson@fagerhult.se

Håkan Gabrielsson CFO tel: 46 8 52 23 59 48 mobile: 46 70 84 40 918 e-mail:
hakan.gabrielsson@fagerhult.se
Fagerhult is one of Europe’s leading lighting groups with approximately 2,200
employees and operations in 20 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, Ateljé Lyktan, LTS, Whitecroft Lighting,
Designplan Lighting, I-Valo and Arlight. AB Fagerhult is listed on the Nasdaq
OMX Nordic Exchange in Stockholm.

Attachments

08208286.pdf