AB Fagerhult (publ.) (0RQH.L) Bundle
A Brief History of AB Fagerhult (publ.)
AB Fagerhult, a leading lighting company, was founded in 1945 in Fagerhult, Sweden. Initially focusing on manufacturing lighting fixtures for various applications, the company expanded its portfolio significantly over the decades, adapting to the changing demands of the market.
In 1980, Fagerhult was listed on the Stockholm Stock Exchange, which provided capital for expansion and facilitated acquisitions. Over the years, the company has strategically acquired several brands and subsidiaries, enhancing its market presence. Key acquisitions include:
- 2000: Purchase of the Danish company Luminex.
- 2003: Acquisition of the Italian company iGuzzini.
- 2013: Acquisition of the German company Bäro.
- 2015: Purchase of the French company ACDC Lighting.
As of 2022, AB Fagerhult operates in more than 20 countries and has a workforce of approximately 3,200 employees. The company’s revenue has seen notable growth, with the following financial highlights:
| Year | Revenue (SEK million) | Operating Profit (SEK million) | Net Profit (SEK million) | EBITDA Margin (%) |
|---|---|---|---|---|
| 2020 | 4,868 | 585 | 450 | 12.0 |
| 2021 | 5,078 | 660 | 488 | 13.0 |
| 2022 | 6,238 | 783 | 596 | 12.6 |
The company's market capitalization reached approximately SEK 8.2 billion as of October 2023. AB Fagerhult continues to invest in research and development, focusing on sustainable lighting solutions. In 2022, around 6.5% of total revenue was allocated to R&D, enhancing their product offerings in smart and energy-efficient lighting systems.
Key product lines include interior lighting, exterior lighting, and specialized industrial lighting solutions. The company also emphasizes the integration of IoT technology to provide smart lighting solutions, responding to trends in energy efficiency and sustainability.
AB Fagerhult's commitment to sustainability is evident in its production processes and product design. The company aims for a significant reduction in carbon footprint, targeting a 50% reduction by 2030 compared to 2018 levels.
With ongoing growth strategies and expansion into new markets, AB Fagerhult positions itself as a key player in the global lighting industry, continuously adapting to the evolving needs of its customers and the environment.
A Who Owns AB Fagerhult (publ.)
AB Fagerhult (publ.) is a prominent player in the lighting industry, listed on the Nasdaq Stockholm. Ownership of the company is primarily divided among institutional investors, mutual funds, and individual shareholders. The company's ownership structure reflects the trends seen in many publicly traded firms, with significant stakes held by a few major entities.
As of the latest financial filings, the following institutions hold substantial positions in AB Fagerhult:
| Shareholder | Ownership Percentage | Number of Shares |
|---|---|---|
| AMF Försäkring och Fonder | 9.83% | 6,200,000 |
| Lannebo Fonder | 8.02% | 5,050,000 |
| Swedbank Robur Fonder | 7.91% | 4,975,000 |
| AMF Försäkring | 6.37% | 4,040,000 |
| Skandia Fonder | 4.85% | 3,060,000 |
| Other Institutional Investors | 25.00% | 15,900,000 |
| Individual Shareholders | 24.73% | 15,600,000 |
| Free Float | 37.37% | 23,600,000 |
The total number of shares outstanding for AB Fagerhult is approximately 61,000,000, indicating that the top shareholders hold a significant portion of the company's equity. The share price of AB Fagerhult has seen fluctuations, with a recent trading price around SEK 120 per share as of October 2023.
Furthermore, the company's annual revenue for 2022 was reported at approximately SEK 4.5 billion, with an operating profit margin of 8.5%. This profitability allows for potential dividend distributions, which would be of interest to shareholders.
Investors should note the trend in ownership as it can impact the overall governance and strategies of the company, with significant institutional ownership often correlating with stability in share price and corporate strategy execution.
AB Fagerhult (publ.) Mission Statement
AB Fagerhult (publ.) operates with a mission to develop and provide sustainable lighting solutions. Their aim is to empower people and enhance quality of life through innovative and energy-efficient lighting products. This strategic direction aligns with current market demands for sustainability and efficiency.
As of the latest financial statements, Fagerhult reported net sales of SEK 4.2 billion for the fiscal year 2022, reflecting a growth of 8% compared to the previous year. This growth is attributed to increased demand for energy-efficient lighting solutions across Europe, particularly in the retail and office sectors.
The company's commitment to sustainability is evident in its initiatives to reduce carbon footprints in both production and product offerings. In 2022, Fagerhult achieved a 30% reduction in greenhouse gas emissions in their manufacturing processes compared to 2020 levels.
Fagerhult operates in over 20 countries and serves a diverse customer base with different lighting needs, showcasing their robust international presence and adaptability. The company aims to increase its share in emerging markets, targeting a 15% growth in these regions by 2025.
| Year | Net Sales (SEK) | Growth (%) | Greenhouse Gas Emissions Reduction (%) | Countries Operated In |
|---|---|---|---|---|
| 2020 | SEK 3.9 billion | - | - | 20 |
| 2021 | SEK 3.9 billion | 0% | - | 20 |
| 2022 | SEK 4.2 billion | 8% | 30% | 20 |
Fagerhult also invests heavily in research and development, allocating approximately 6% of net sales towards R&D efforts. This enables continuing advancements in lighting technologies that respond to market needs and sustainability goals.
The mission extends beyond product innovation; Fagerhult emphasizes collaboration with stakeholders to enhance social responsibility. The company has set measurable goals to increase the use of recycled materials in its products to 90% by 2025.
Through these strategies, Fagerhult demonstrates its commitment to not just lighting but creating a sustainable future that advances quality of life across different environments.
How AB Fagerhult (publ.) Works
AB Fagerhult (publ.) is a leading company in the lighting solutions industry, primarily focused on providing innovative and sustainable lighting systems. The organization operates across various segments, delivering tailor-made solutions to meet the diverse needs of its customers.
As of the latest financial report for Q2 2023, Fagerhult reported net sales of SEK 1.5 billion, marking an increase of 10% compared to the same quarter in the previous year. Operating profit before depreciation and amortization (EBITDA) for the same period was SEK 300 million, yielding a margin of 20%.
The company's operations are divided into several business areas, including professional, retail, and outdoor lighting. Each segment caters to distinct market needs, ensuring a diversified revenue stream:
- Professional Lighting: Focused on indoor solutions for commercial spaces.
- Retail Lighting: Specialized lighting for retail environments.
- Outdoor Lighting: Solutions for public spaces and urban environments.
Fagerhult employs a strategy that emphasizes sustainability, innovation, and customer-centric solutions. The company invests significantly in research and development, allocating approximately 5% of annual revenue to this area.
In terms of geographical reach, Fagerhult operates in over 20 countries and has a strong presence in Europe, particularly in Sweden, Denmark, and Germany. The company has recently expanded its markets into Asia and North America, aiming for a broader global footprint.
| Key Financial Metrics | Q2 2023 | Q2 2022 |
|---|---|---|
| Net Sales (SEK) | 1.5 billion | 1.36 billion |
| Operating Profit (EBITDA) (SEK) | 300 million | 270 million |
| EBITDA Margin (%) | 20% | 19.7% |
| R&D Investment (% of Revenue) | 5% | 5% |
| Number of Countries Operated | 20+ | 20+ |
Fagerhult's commitment to sustainability is reflected in its product offerings, which include energy-efficient lighting solutions that comply with stringent environmental standards. The company has set a target to reduce its carbon footprint by 30% by 2025.
Moreover, Fagerhult's acquisition strategy has played a crucial role in its growth. In 2022, the company acquired iGuzzini Illuminazione S.p.A., expanding its product range and enhancing its competitive edge in the professional lighting market.
In terms of stock performance, Fagerhult's shares have shown resilience in the market, with a current stock price of approximately SEK 135 as of October 2023. The price reflects an increase of 15% year-to-date, showcasing strong investor confidence.
Fagerhult's overall market capitalization stands at around SEK 12 billion, positioning it as a significant player in the lighting industry. The dividend yield for 2023 is expected to be approximately 2.5%, attracting income-focused investors.
Overall, AB Fagerhult's operational model emphasizes a mix of innovation, sustainability, and strategic expansion, ensuring its position at the forefront of the lighting solutions market.
How AB Fagerhult (publ.) Makes Money
AB Fagerhult (publ.) is a prominent lighting solutions company based in Sweden, focusing on innovative lighting designs and technology. The company primarily generates revenue through several key segments, which include the sale of light fixtures, lighting systems, and related services.
Revenue Streams
Fagerhult's revenue can be segmented into various categories:
- Sales of Lighting Fixtures
- Sales of Lighting Systems
- Project Sales and Solutions
- Service and Maintenance
In 2022, Fagerhult reported total net sales of SEK 5.3 billion, showing a robust growth trajectory compared to previous years. This performance can be attributed to the increasing demand for energy-efficient lighting solutions and smart lighting technologies.
Sales Breakdown
| Segment | 2022 Revenue (SEK Billion) | Percentage of Total Revenue |
|---|---|---|
| Lighting Fixtures | 2.9 | 54.7% |
| Lighting Systems | 1.8 | 33.9% |
| Project Sales | 0.5 | 9.4% |
| Service and Maintenance | 0.1 | 1.9% |
Market Presence
Fagerhult operates in multiple geographic markets, with a strong footprint in Europe. The company has expanded its operations in Asia and North America, which contributed to approximately 20% of the total sales in 2022.
Financial Performance
In 2022, AB Fagerhult reported an operating profit of SEK 556 million, with an operating margin of 10.5%. The net profit for the same year stood at SEK 426 million, reflecting a growth of 15% compared to 2021.
Cost Structure
The company's cost structure includes direct materials, labor costs, and overheads. In 2022, the cost of goods sold (COGS) was approximately SEK 3.5 billion, leading to a gross margin of 34%.
Investment in R&D
Fagerhult prioritizes innovation, investing around 6% of its total sales in research and development annually. The focus on energy-efficient solutions and smart lighting is critical for maintaining competitive advantage.
Strategic Partnerships
The company has formed strategic alliances with technology firms to enhance its product offerings. Notably, partnerships with software developers to integrate smart technologies have driven revenue growth in digital solutions.
In recent years, Fagerhult has also focused on sustainability, aligning with global trends towards green technologies, which is anticipated to generate additional revenue within the next few years.
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