Interim Report Q1 January-March 2022
The first quarter showed good growth in order intake and net sales. This is the result of high level of innovation and successes on the market from all our Group brands.
The first quarter:
- Order intake was MSEK 2,204 (1,854), an increase of +18.9% adjusted to +14.0% for currency effects of MSEK +90
- Net sales were MSEK 1,873 (1,678), an increase of +11.6% adjusted to +7.5% for currency effects of MSEK +70
- Operating profit was MSEK 173.3 (152.9), an increase of +13.5% with an operating margin of 9.3 (9.1)%
- Earnings after tax were MSEK 119.5 (96.2)
- Earnings per share were SEK 0.68 (0.53)
- Cash flow from operating activities was MSEK -68.4 (58.6)
Comment from CEO Bodil Sonesson:
The first quarter showed good growth in order intake and net sales. This is the result of high level of innovation and successes on the market from all our Group brands.
An investor webcast following the Quarter 1 Report 2022 will be held on 27 April 2022 at 09:00 CET.
A link to the webcast and a management presentation will be available on https://www.fagerhultgroup.com/investors.