HABO, Sweden, Aug. 23, 2021 /PRNewswire/ --
The second quarter:
- Order intake was MSEK 2,123 (1,655), an increase of +28.3%
adjusted to +35.3% for currency effects of MSEK -110 and disposals
of MSEK -4
- Net sales were MSEK 1,845 (1,726), an increase of +6.9%
adjusted to +12.2% for currency effects of MSEK -82 and disposals
of MSEK -9
- Operating profit was MSEK 208.2 (153.6), an increase of 35.5%
with an operating margin of 11.3 (8.9)%
- Earnings after tax were MSEK 137.7 (98.8)
- Earnings per share were SEK 0.78
(0.55)
- Cash flow from operating activities was MSEK 200.3 (230.2)
Comments from CEO Bodil
Sonesson:
- We are pleased to see the good results in the quarter and half
year for order intake and net sales, which delivered a strong
increase in profitability.
- Operating margins reached 11.3% for the quarter and 10.2% for
the half year. This is a result of collective commitment and hard
work from the teams in combination with a higher activity level on
the market.
- The high focus on sustainable solutions continue. During
the quarter, Fagerhult launched a new version of one of their
best-selling products "Multilume Re:Think". In this new version the
body of the luminaire is made from 100% recyclable cardboard,
reducing climate impact by 83%.
- Connected solutions continue to grow, Organic Response volumes
increased 60% for the first half year.
- The work on together determining the Group's core values has
reached its role out phase and now we start the journey to live
them.
An investor webcast following the Quarter 2 Report 2021 will be
held on 23 August 2021 at
15:30 CET.
A link to the webcast will be available on
http://ir.fagerhultgroup.com.
A Management presentation will also be published on
http://ir.fagerhultgroup.com.
CONTACT:
Disclosures may be submitted by
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
This information is inside information that AB Fagerhult (publ)
is obliged to make public pursuant to the EU Market Abuse
Regulation and information that AB Fagerhult (publ) is obliged to
make public pursuant to the Securities Markets Act.
The information was submitted for publication, through the
agency of the contact person set out above, at 11:15 CET on 23rd August 2021.
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/fagerhult/r/interim-report-january-june-2021,c3400352
The following files are available for download:
https://mb.cision.com/Main/1781/3400352/1457563.pdf
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Fagerhult, Interim
Report January-June 2021
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SOURCE Fagerhult