Comment from President and CEO Bodil Sonesson:
"We are exiting a quarter where the outcome, in line with the profit warning on 20 April, was weaker than anticipated. The deterioration in earnings is something we view with considerable seriousness. The result for the quarter is largely a consequence of an uncertain external environment and a continued subdued economic climate within the construction sector. Together with a less favourable sales mix and negative currency effects stemming from a stronger Swedish krona, this has had a markedly adverse impact on net sales for the quarter. Although the figures in this report confirm what has previously been communicated, my and the management team's full focus is now on addressing the underlying causes through clear and concrete measures."
The first quarter:
- Order intake was MSEK 1,969 (2,227), a decrease of 11.6% adjusted to 14.6% for currency effects and acquisitions of MSEK 66.
- Net sales were MSEK 1,821 (1,940), a decrease of 6.1% adjusted to 8.8% for currency effects and acquisitions of MSEK 52.
- EBITA before IAC was MSEK 44 (163), a decrease of 72.9% with an EBITA margin before IAC of 2.4% (8.4).
- Earnings per share before IAC were SEK -0.16 (0.43).
- Cash flow from operating activities was MSEK -160.0 (26.4).
Webcast
An investor webcast following the Q1 report 2026 will be held on 5 May 2026 at 09:30 CEST.
A link to the webcast and a management presentation will be available on https://www.fagerhultgroup.com/investors.
Contacts
Oscar Wallstén, CFO
Mobile: +46 767 62 24 90
E-mail: oscar.wallsten@fagerhultgroup.com
Niklas Willstrand, Head of Communications
Mobile: +46 767 65 16 35
E-mail: niklas.willstrand@fagerhultgroup.com
About Us
Fagerhult Group is one of Europe's leading lighting companies with 4,100 employees in 27 countries and a turnover of 7,891 MSEK in 2025. We consist of 13 brands organized into four business areas - Collection, Premium, Professional and Infrastructure.
All our brands produce high-quality professional lighting solutions and we work mainly on specifications together with our partners. Together we cover almost every professional lighting application and our presence is worldwide.
This information is information that Fagerhult Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-05-04 13:00 CEST.
Image Attachments
Interim Q1 2026 Img
