Fagerhult Group AB
FAG
ISIN SE0010048884 / Valor 37094121
Fagerhult Group AB
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About company
Fagerhult Group AB is a Swedish company specializing in the development and production of professional lighting solutions. With a focus on Human Centric Lighting, the company aims to create lighting systems that enhance both physical and mental well-being. Fagerhult leverages scientific research to design products that cater to the needs of various environments, including offices, educational institutions, healthcare facilities, and retail spaces. The company's approach integrates advanced technology and design to improve the quality of light, thereby influencing the comfort and productivity of individuals in illuminated spaces. As a prominent player in the lighting industry, Fagerhult continues to innovate and expand its product offerings to meet the evolving demands of its global clientele.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (23.01.2026):
Fagerhult Group AB — fourth quarter 2024: The Group reported a softer Q4 with order intake of 2,008 MSEK (2,123) down -5.4% vs Q4 2023 and net sales of 2,040 MSEK (2,111) down -3.4%. Operating profit before items affecting comparability (IAC) fell to 143.1 MSEK (215.9), giving a Q4 operating margin before IAC of 7.0% (10.2%). Operating cash flow remained strong at 356.4 MSEK. For the full year Jan–Dec 2024 net sales were 8,305 MSEK (8,560), order intake 8,114 MSEK (8,435) and operating profit before IAC 741.1 MSEK (901.2), with net profit for the year of 354.3 MSEK. The Board proposes a dividend of SEK 1.40 (1.80) per share.
Order intake and sales (Q4 2024)
Q4 order intake: 2,008 MSEK, -5.4% vs Q4 2023 (activity higher than Q3). Q4 net sales: 2,040 MSEK, -3.4% vs Q4 2023. Full-year order intake 8,114 MSEK (-3.8% reported; -3.4% organic) and full-year net sales 8,305 MSEK (-3.0% reported; -2.6% organic).
Profitability and margins (Q4 2024)
Operating profit before IAC in Q4: 143.1 MSEK (215.9), operating margin before IAC 7.0% (10.2%). Reported operating profit Q4: 137.2 MSEK. Full-year operating profit before IAC: 741.1 MSEK (901.2), margin 8.9% (10.5%).
Drivers and one-off effects
Q4 gross margin was hit by inventory write-downs totalling 20.5 MSEK in Germany and Turkey (≈-1.0% effect). Q4 IAC were 5.9 MSEK (restructuring and closure of unprofitable UAE business); full-year IAC amounted to 70.6 MSEK linked to restructuring in Veko, LTS, Arlight and Fagerhult.
Cash flow and financial position
Operating cash flow Q4: 356.4 MSEK (364.8). Full-year operating cash flow 963.9 MSEK (1,208.8). Net debt at 31 Dec 2024: 2,261 MSEK (2,414), cash and bank balances 1,878.9 MSEK. Equity/asset ratio 54.4% and consolidated equity 7,459 MSEK.
Earnings per share and dividend
Q4 earnings per share (basic) 0.30 SEK (0.61). Full-year EPS 2.01 SEK (3.09) and EPS before IAC 2.31 SEK (3.09). Board intends to propose dividend SEK 1.40 per share (prior year 1.80), within the 40–60% policy range.
Business-area trends
Collection and Premium remain largest sales contributors but saw weaker Q4 margins versus prior year. Professional delivered solid Q4 organic sales growth (+11.8% reported) and Infrastructure saw order intake weakness but an improved backlog entering 2025. Smart Solutions remains a separate reporting line for technology investments.
Outlook and management comment
Management notes continued uncertain market conditions and extended decision cycles in new-build, but expects cost and restructuring actions to improve operating margins in 2025. Innovation and refurbishment market demand are highlighted as growth areas.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
581 M
Market cap (USD)
211,688
Daily traded volume (Shares)
54.6 / 53.8
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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