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Year-end report January-December 2023

The fourth quarter:

  • Order intake was MSEK 2,123 (1,964), an increase of +8.1% adjusted to +5.5% for currency effects of MSEK +49 and business closures of MSEK +2
  • Net sales were MSEK 2,111 (2,271), a decrease of -7.1% adjusted to -7.7% for currency effects of MSEK +46 and business closures of MSEK -31
  • Operating profit was MSEK 215.9 (254.7), a decrease of -15.2% with an operating margin of 10.2 (11.2)%
  • Earnings after tax were MSEK 107.5 (168.9)
  • Earnings per share were SEK 0.61 (0.96)
  • Cash flow from operating activities was MSEK 364.8 (365.5)

Comment from CEO Bodil Sonesson:

A strong Q4 to close a record year and we carry confidence with us into 2024

Contacts
Bodil Sonesson CEO, mobile: +46 722 23 76 02 e-mail: bodil.sonesson@fagerhultgroup.com
Michael Wood CFO, mobile: +46 730 87 46 47 e-mail: michael.wood@fagerhultgroup.com

About Us
The Fagerhult Group is one of Europe's leading lighting companies with 4,100 employees in 27 countries and a turnover of 8.270 MSEK in 2022. We consist of 12 brands organized into four business areas – Collection, Premium, Professional and Infrastructure.

All our brands produce high-quality professional lighting solutions and we work mainly on specifications together with our partners. Together we cover almost every professional lighting application and our presence is worldwide.

This information is information that Fagerhult Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-02-16 09:00 CET.

Image Attachments
InterimQ4 2023 Img

Attachments
Fagerhult Group AB, Year-end report January – December 2023

Source:MFN
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