Fagerhult: Interim Report January-September 2021
The third quarter:
Comments from CEO Bodil Sonesson:- 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 MSEK 144.1, an increase of +27.8% with an operating margin of 10.6 (adjusted 8.5)%
- Earnings after tax were MSEK 127.6 (4.9)
- Earnings per share were SEK 0.72 (0.00)
- Cash flow from operating activities was MSEK 201.8 (388.8)
Now that we have acquired the remaining shares in the North American subsidiary, we can move forward with a focused long-term strategic initiative in the region.
An investor webcast following the Quarter 3 Report 2021 will be held on 29 October 2021 at 10:00 CET.
A link to the webcast will be available on http://ir.fagerhultgroup.com.
A Management presentation will also be published on http://ir.fagerhultgroup.com.