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Interim Report | Financials | 8 Feb, 2011 | 17:03 | Regulatory

Year - End Report 2010

- Net Sales MSEK 2,506 (2,436), after adjustments for acquired operations and currency effects, the sales have increased by 3% - Operating profit MSEK 152.9 (104.2) - Operating profit, adjusted for non-recurring items, MSEK 159.9 (139.2) - Profit after tax MSEK 94.5 (74.0) - Profit per share SEK 7.49 (5.87) - Orders received MSEK 2,507 (2,520), adjusted for acquired operations and currency effects, the orders received remain unchanged - The proposed dividend is raised to SEK 3.50 (3.00) per share

 

Comments by CEO Johan Hjertonsson:

  • Acquisition of the German lighting company LTS which both strengthens the segment Retail Lighting and creates a strong platform for continued growth in Germany
  • A strong result for the second half of the year which was better than the previous year
  • The strengthening of the Swedish krona had a negative impact on MSEK 30, of which MSEK 5 in the fourth quarter
  • Non-recurring costs impacted profit before tax at MSEK 20
  • Strong cash flow in the fourth quarter

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

Ulf Karlsson CFO tel: 46 36 10 85 63 mobile: 46 70 537 04 54 e-mail: ulf.karlsson@fagerhult.se

Fagerhult is one of Europe’s leading lighting groups with approximately 2,000 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 and Whitecroft Lighting. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm.

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