Year-End Report 2014


  · The order intake was MSEK 3,790.0 (3,241.7), which is an increase of 7 per
cent adjusted for currency effects and acquired units.
  · Net sales were MSEK 3,735.8 (3,095.2), which is an increase of 10 per cent
adjusted for currency effects and acquired units.
  · The operating profit was MSEK 378.7 (277.5), representing an operating
margin of 10.1 (9.0) per cent.
  · The profit after tax was MSEK 261.2 (182.6).
  · Earnings per share were SEK 6.90 (4.83).
  · A dividend of SEK 3.00 (2.42) is proposed.
Comments from CEO Johan Hjertonsson:

  · 2014 was the Group’s best year ever in terms of sales, operating profit and
operating cash flow.
  · Despite very strong sales, our order book is larger at the end of 2014 than
at the beginning of the year.
  · A strong fourth quarter resulted in an operating profit of MSEK 86.6 (83.6).
  · Very strong cash flow from operating activities during the period, MSEK
199.4 (102.4).
  · Sales for the three-month period grew by 9 per cent year-on-year, which is
unchanged after adjusting for currency and acquisitions.
  · The quarterly order intake expanded by 3 per cent, which is a decrease of 4
per cent adjusted for currency and acquisitions.
  · Our strong offering in energy efficient LED lighting solutions and control
systems has increased the Group’s market share over the last few quarters.
  · Net sales of LED lighting solutions has continued to grow and in the quarter
it was slightly less than half of the total sales
  · Investments to develop our offering in LED Lighting and control systems is
further accelerated.
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 2,400
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, Eagle Lighting, I-Valo and Arlight. AB Fagerhult is listed
on the Nasdaq OMX Nordic Exchange in Stockholm.

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