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Fagerhult AB (FAG.ST)

FAG.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fagerhult says CEO Hjertonsson to leave co during 2018
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Fagerhult Ab ::PRESIDENT AND CEO JOHAN HJERTONSSON IS TO LEAVE FAGERHULT DURING 2018.‍BOARD APPOINTED EXTERNAL RECRUITMENT CONSULTANT TO RECRUIT SUCCESSOR TO HJERTONSSON, WHO WILL REMAIN AS CEO UNTIL SUCCESSOR TAKES OFFICE​.  Full Article

Fagerhult Q3 operating profit up at SEK 192.2 mln
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - FAGERHULT AB ::Q3 NET SALES SEK 1.31 ‍​ BILLION VERSUS SEK 1.14 BILLION YEAR AGO.Q3 OPERATING PROFIT SEK ‍​192.2 MILLION VERSUS SEK 165.4 MILLION YEAR AGO.  Full Article

Fagerhult Q2 operating profit up at SEK 153.5 million
Tuesday, 30 Aug 2016 

Fagerhult AB : H1 net sales 2.17 billion Swedish crowns ($255.19 million) versus 1.86 billion crowns year ago . H1 operating profit 238.8 million crowns versus 160.9 million crowns year ago . H1 order intake 2.35 billion crowns versus 2.07 billion crowns year ago . Q2 net sales 1.14 billion crowns versus 959.0 million crowns year ago .Q2 operating profit 153.5 million crowns versus 88.2 million crowns year ago.  Full Article

AB Fagerhult buys LED Linear for EUR 40 mln
Tuesday, 15 Mar 2016 

AB Fagerhult:Acquires LED Linear GmbH.Says in year ending Dec. 2015, company had 110 employees, sales of about 21 million euros and a profitability rate significantly above that of Fagerhult group.Says pays 40 million euros, on a cash and debt free basis, as an initial payment for 100 pct of shares.Says an additional earnout of 21 million euros can be paid until 2018 tied to company performance​.Says acquisition is expected to have a positive effect on earnings per share during 2016 and forward​.  Full Article