Fagerhult Group AB Reports Q3 Earnings; Operating Profit Increases 9.5%

For the third quarter:

• Order intake was MSEK 2,026 (1,891), an increase of +7.1% adjusted to +0.8% for currency effects of MSEK +125 and business closures of MSEK -5
• Net sales were MSEK 2,079 (2,081), a decrease of -0.1% adjusted to -4.0% for currency effects of MSEK +128 and business closures of MSEK -47
• Operating profit was MSEK 239.6 (218.8), an increase of +9.5% with an operating margin of 11.5 (10.5)%
• Earnings after tax were MSEK 158.9 (156.9)
• Earnings per share were SEK 0.90 (0.89)
• Cash flow from operating activities was MSEK 311.5 (85.3)

For the 9 months:

• Order intake: 6 312 MSEK   (6 279) YTD 2023in figures Q3 2023 presentation 4 +3,2% organic
• Net sales: 6 450 MSEK   (5 999)
• Operating profit: 685 MSEK   (579)
• Operating margin: 10,6%   (9,6%)
• Earnings per share: 2,48 SEK   (2,31)

Read the report below for more details.