{"id":483900,"date":"2021-04-29T06:06:53","date_gmt":"2021-04-29T10:06:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-january-march-2021\/"},"modified":"2021-04-29T06:06:53","modified_gmt":"2021-04-29T10:06:53","slug":"interim-report-january-march-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-january-march-2021\/","title":{"rendered":"Interim Report January-March 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>HABO, <span class=\"xn-location\">Sweden<\/span>, <span class=\"xn-chron\">April 29, 2021<\/span> \/PRNewswire\/ &#8212; <b>The first quarter:<\/b><\/p>\n<p>Order intake was MSEK 1,854 (2,146), a decline of -13.6% adjusted to -7.4% for currency effects of MSEK -108 and disposals of MSEK -27<\/p>\n<p>Net sales were MSEK 1,678 (1,689), a decline of -0.7% adjusted to +6.6% for currency effects of MSEK -97 and disposals of MSEK -24<\/p>\n<p>Operating profit was MSEK 152.9 (10.7), an increase of 1,329% with an operating margin of 9.1 (0.6)%<\/p>\n<p>Earnings after tax were MSEK 96.2 (loss 16.4)<\/p>\n<p>Earnings per share were <span class=\"xn-money\">SEK 0.53<\/span> (loss 0.10)<\/p>\n<p>Cash flow from operating activities was MSEK 58.6 (87.9)<\/p>\n<p>\n        <b>Comments from CEO <span class=\"xn-person\">Bodil Sonesson<\/span>:<\/b>\n      <\/p>\n<p>The first quarter of 2021 was improved in many areas and we are satisfied with the steady progress and ongoing recovery from the effects of the pandemic.<\/p>\n<p>The quarterly operating margin at 9,1% is at a good level with the current market conditions.<\/p>\n<p>Whilst Covid persists and we still have a lot of extra measures in place, the new ways of working are effective, and the steady improvement is visible. As a result, we have currently decided to not provide detailed separate Covid updates. If the situation changes, we will of course review this.<\/p>\n<p>As a fundamental part of our connectivity and sustainability strategy, the acquisition of the balance 80% of the shares in Seneco is a significant step. From a sustainability perspective, the Seneco technology has a significant impact on reducing energy consumption in outdoor lighting. <\/p>\n<p>The Group now has connected solutions for both indoor and outdoor lighting\u00a0 where market demands continue to grow. <\/p>\n<p>The main focus for this quarter&#8217;s strategy work is continued internal work with our Group core values and\u00a0 our sustainability strategy gathers pace. We are working on the Group materiality analysis with many stakeholder interviews as part of the process.\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>An investor webcast following the Quarter 1 Report 2021 will be held on <span class=\"xn-chron\">29 April 2021<\/span> at <span class=\"xn-chron\">15:30 CET<\/span>.<\/p>\n<p>A link to the webcast will be available on <a href=\"http:\/\/ir.fagerhultgroup.com\" rel=\"nofollow\">http:\/\/ir.fagerhultgroup.com<\/a><\/p>\n<p>A Management presentation will also be published on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3146510-1&amp;h=568196110&amp;u=http%3A%2F%2Fir.fagerhultgroup.com%2F&amp;a=http%3A%2F%2Fir.fagerhultgroup.com\" rel=\"nofollow noopener\">http:\/\/ir.fagerhultgroup.com<\/a>.<b>\u00a0<\/b><\/p>\n<p>Disclosures may be submitted by <\/p>\n<p>\n        <span class=\"xn-person\">Bodil Sonesson<\/span><br \/>\n        <br \/>CEO <br \/>mobile: +46 722 23 76 02 <br \/>e-mail:\u00a0<a target=\"_blank\" href=\"mailto:bodil.sonesson@fagerhultgroup.com\" rel=\"nofollow noopener\">bodil.sonesson@fagerhultgroup.com<\/a>\u00a0 <\/p>\n<p>\n        <span class=\"xn-person\">Michael Wood<\/span><br \/>\n        <br \/>CFO <br \/>mobile: +46 730 87\u00a046\u00a047<br \/>e-mail: <a target=\"_blank\" href=\"mailto:michael.wood@fagerhultgroup.com\" rel=\"nofollow noopener\">michael.wood@fagerhultgroup.com<\/a>\u00a0 <\/p>\n<p>This information is inside information that AB Fagerhult (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and information that AB Fagerhult (publ) is obliged to make public pursuant to the Securities Markets Act.<\/p>\n<p>The information was submitted for publication, through the agency of the contact person set out above, at 11:25\u00a0CET on 29th of\u00a0 <span class=\"xn-chron\">April 2021<\/span>.<\/p>\n<p>\u00a0<\/p>\n<p>This information was brought to you by Cision <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3146510-1&amp;h=3658931677&amp;u=http%3A%2F%2Fnews.cision.com%2F&amp;a=http%3A%2F%2Fnews.cision.com\" rel=\"nofollow noopener\">http:\/\/news.cision.com<\/a><\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3146510-1&amp;h=3195536960&amp;u=https%3A%2F%2Fnews.cision.com%2Ffagerhult%2Fr%2Finterim-report-january-march-2021%2Cc3335999&amp;a=https%3A%2F%2Fnews.cision.com%2Ffagerhult%2Fr%2Finterim-report-january-march-2021%2Cc3335999\" rel=\"nofollow noopener\">https:\/\/news.cision.com\/fagerhult\/r\/interim-report-january-march-2021,c3335999<\/a>\n      <\/p>\n<p>The following files are available for download:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt1 prnsbr1 prnsbb1 prnsbl1\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3146510-1&amp;h=3652798737&amp;u=https%3A%2F%2Fmb.cision.com%2FMain%2F1781%2F3335999%2F1409955.pdf&amp;a=https%3A%2F%2Fmb.cision.com%2FMain%2F1781%2F3335999%2F1409955.pdf\" class=\"prnews_a\" rel=\"nofollow noopener\">https:\/\/mb.cision.com\/Main\/1781\/3335999\/1409955.pdf<\/a><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Fagerhult, Interim Report January-March 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO60426&amp;sd=2021-04-29\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/interim-report-january-march-2021-301279994.html\">http:\/\/www.prnewswire.com\/news-releases\/interim-report-january-march-2021-301279994.html<\/a><\/p>\n<p>SOURCE  Fagerhult<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IO60426&amp;Transmission_Id=202104290603PR_NEWS_USPR_____IO60426&amp;DateId=20210429\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HABO, Sweden, April 29, 2021 \/PRNewswire\/ &#8212; The first quarter: Order intake was MSEK 1,854 (2,146), a decline of -13.6% adjusted to -7.4% for currency effects of MSEK -108 and disposals of MSEK -27 Net sales were MSEK 1,678 (1,689), a decline of -0.7% adjusted to +6.6% for currency effects of MSEK -97 and disposals of MSEK -24 Operating profit was MSEK 152.9 (10.7), an increase of 1,329% with an operating margin of 9.1 (0.6)% Earnings after tax were MSEK 96.2 (loss 16.4) Earnings per share were SEK 0.53 (loss 0.10) Cash flow from operating activities was MSEK 58.6 (87.9) Comments from CEO Bodil Sonesson: The first quarter of 2021 was improved in many areas and we are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-january-march-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Interim Report January-March 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-483900","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Interim Report January-March 2021 - Market Newsdesk<\/title>\n<meta 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0.53 (loss 0.10) Cash flow from operating activities was MSEK 58.6 (87.9) Comments from CEO Bodil Sonesson: The first quarter of 2021 was improved in many areas and we are &hellip; Continue reading &quot;Interim Report January-March 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/interim-report-january-march-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-29T10:06:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=IO60426&amp;sd=2021-04-29\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script 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