Fagerhult: YEAR-END REPORT 2012
HABO, Sweden--(BUSINESS WIRE)-- Regulatory News:
Orders received MSEK 3,122 (3,064)
After adjustments for acquired operations and currency effects, orders received increased by 2 % compared with the previous year
Net sales MSEK 3,085 (3,023). After adjustments for acquired operations and currency effects, sales increased by 2 %
Operating profit MSEK 251.5 (317.6). Operating margin 8.2 % (10.5 %)
Profit after tax MSEK 159.1 (208.3)
Earnings per share SEK 12.61 (16.52)
Proposed dividend of SEK 6.50 (6.50) per share
Comments by CEO Johan Hjertonsson:
Increased sales compared with the previous year
The weak economic climate seen within Retail Lighting, resulted in a lower level of orders received and in a lower operating margin than in the previous year
Increasingly clear signs of a downward trend in Indoor Lighting during the fourth quarter
Continued focus on adapting cost levels, but product development investments continue
Good cash flow during the year
The strong Swedish krona impacted profit negatively
Fagerhult is one of Europe's leading lighting groups with approximately 2,200 employees and operations in 17 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 and Designplan Lighting. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.
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KEYWORDS: Europe Sweden
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