Fagerhult: Interim report, January – June 2013 Business Wire HABO, Sweden -- August 21, 2013 Regulatory News: Fagerhult (STO:FAG): · Orders received MSEK 1,551 (1,659). After adjustment for currency effects, orders received have decreased by 3% compared with the previous year. · Net Sales MSEK 1,430 (1,539). After adjustment for currency effects, sales have decreased by 3%. · Operating profit MSEK 85.3 (105.0), an operating margin of 6.0 (6.8) %. · Profit after tax MSEK 55 (59.4). · Earnings per share SEK 4.36 (4.71). · During the quarter, I-Valo Oy was acquired in Finland. Comments by CEO Johan Hjertonsson: · The demand in the late-cycle Indoor Lighting and Retail Lighting Business Areas is stable at a low level, which is in line with previous assessments, and we believe that the market is likely to continue to be weak during the second half year. · A positive level of orders received was seen in the second quarter, MSEK 818 (861), which is an increase of 12% compared with the first quarter 2013. This is a decline compared with the strong comparative period Q2 2012 which had been largely due to the strong Swedish krona. · An improved operating profit in the second quarter compared with the previous year, MSEK 50.9 (44.7). · The lower level of sales has been compensated for through costs savings and a stronger gross margin during the second quarter. · Strong cash flow from the on-going operations during the quarter. · I-Valo Oy was acquired during the quarter and compliments the Group’s offering to heavy industry. Disclosures may be submitted by Johan Hjertonsson CEO tel: 46 36 10 87 06 mobile: 46 70 229 77 93 e-mail: email@example.com Håkan GabrielssonCFO tel: 46 8 52 23 59 48 mobile: 46 70 84 40 918 e-mail: firstname.lastname@example.org Fagerhult is one of Europe’s leading lighting groups with approximately 2,200 employees and operations in20 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 and I-Valo. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm. This information was brought to you by Cision http://news.cision.com Contact: Fagerhult Johan Hjertonsson, CEO tel: 46 36 10 87 06 mobile: 46 70 229 77 93 e-mail: email@example.com or Håkan Gabrielsson,CFO tel: 46 8 52 23 59 48 mobile: 46 70 84 40 918 e-mail: firstname.lastname@example.org
Fagerhult: Interim report, January – June 2013
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