The first quarter:
- Order intake was MSEK 2,179 (2,204), a decrease of -1.1% adjusted to -4.3% for currency effects of MSEK +89 and business closures of MSEK -20
- Net sales were MSEK 2,224 (1,873), an increase of +18.7% adjusted to +14.3% for currency effects of MSEK +93 and business closures of MSEK -9
- Operating profit was MSEK 244.1 (173.3), an increase of +40.9% with an operating margin of 11.0 (9.3)%
- Earnings after tax were MSEK 157.9 (119.5)
- Earnings per share were
SEK 0.90 (0.68) - Cash flow from operating activities was MSEK 206.4 (-68.4)
Comments from CEO
The strong performance from 2022 continues in 2023 where, for the first quarter the Group delivered a great set of results. We see good growth for sustainable lighting solutions from the renovation opportunity.
An investor webcast following the Quarter 1 Report 2023 will be held on
A link to the webcast and a management presentation will be available on https://www.fagerhultgroup.com/investors.
This disclosure contains information that
Disclosures may be submitted by
Michael Wood CFO, mobile: +46 730 87 46 47 e-mail: michael.wood@fagerhultgroup.com
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.
https://news.cision.com/fagerhult/r/interim-report-q1-january-march-2023,c3754600
https://mb.cision.com/Main/1781/3754600/2010046.pdf
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