The third quarter: Order intake was MSEK 1,895 (1,664), an increase of +13.9% adjusted to +14.5% for currency effects of MSEK -7, acquisitions of MSEK +3 and disposals of MSEK -5 Net sales were MSEK 1,745 (1,700), an increase of +2.6% adjusted to +3.7% for currency effects of MSEK -5, acquisitions of MSEK +4 and disposals of MSEK -16 Operating profit was MSEK 184.2 (66.8), an increase of +175,7% with an operating margin of 10.6 (3.9)% Q3 2021 operating profit was MSEK 184.2 compared to a Q3 2020 adjusted operating profit of MSE...

source: Fagerhult Fagerhult's wireless lighting control system, Organic Response, and Sony's navigation system for large offices, Nimway, are two well-established solutions for modern and sustainable environments. Through a new collaborative initiative, they can now work together to provide better overviews and control of flows in larger buildings, with direct benefits for the employee working environment. The two different systems are integrated using common radio technology. The result is seamless communication that offers tools for more efficient and dynamic w...

Sweden-based Fagerhult announced on December 21 that it has signed an agreement to acquire iGuzzini, the Italian lighting group for EUR 385 million (US$ 439 million). According to Fagerhult, the price of EUR 385 million will be paid with 74 percent in cash and 26 percent in new Fagerhult shares. The transaction is expected to complete in the first quarter of 2019. With iGuzzini joining the Fagerhult Group will, the largest lighting company in the Nordic countries will increase its presence in Italy, Switzerland, Spain and North America. The combined compan...

AB Fagerhult, the largest lighting company in the Nordic countries has signed a Letter of Intent (LOI) with the shareholders of iGuzzini, an Italian lighting group, to acquire 100 percent of the shares of iGuzzini.

To strategically strengthen the Fagerhult Group’s position in the professional lighting market as well as adding leading complementary product ranges, Fagerhult has acquired 100% of the shares of LED Linear GmbH based in Neukirchen-Vluyn, Germany. The acquisition is expected to have a positive effect on the earnings per share during 2016 and forward.

Finnish-based lighting design firm Greenlux Finland Ltd, has developed a partnership with AB Fagerhult, the largest company in the lighting industry in the Nordic Countries. According to their agreement, Greenlux will deliver LED luminaries suitable for general lighting to Fagerhult for marketing and sale under the Fagerhult brand name. The first targets for collaboration will include large-scale projects in which the number of units in a single sale, when completed, will be larger than the total number of units produced by Greenlux in three years.   ...