Interim Report Q3 January-September 2022
Customer demand was very strong, resulting in the second highest quarterly net sales level ever. Our modern connected lighting solutions help customers reduce energy consumption by up to 90%.
The third quarter:
- Order intake was MSEK 1,891 (1,895), a decrease of -0.2% adjusted to -5.2% for currency effects of MSEK +94
- Net sales were MSEK 2,081 (1,745), an increase of +19.3% adjusted to +13.0% for currency effects of MSEK +109
- Operating profit was MSEK 218.8 (184.2), an increase of +18.8% with an operating margin of 10.5 (10.6)%
- Earnings after tax were MSEK 156.9 (127.6)
- Earnings per share were SEK 0.89 (0.72)
- Cash flow from operating activities was MSEK 85.3 (201.8)
Comment from CEO Bodil Sonesson:
Customer demand was very strong, resulting in the second highest quarterly net sales level ever. Our modern connected lighting solutions help customers reduce energy consumption by up to 90%.
An investor webcast following the Quarter 3 Report 2022 will be held on 28 October 2022 at 09:30 CET.
A link to the webcast and a management presentation will be available on https://www.fagerhultgroup.com/investors.
This disclosure contains information that Fagerhult is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 28-10-2022 09:00 CET.