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We light up your world Corporate presentation 2025 info@fagerhultgroup.com www.fagerhultgroup.com
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Brightening up people’s lives inspired Bertil Svensson to found Fagerhult in 1945. Today, Fagerhult Group is one of Europe’s leading lighting companies with +4,000 employees in 27 countries. We consist of 13 brands organized into four business areas – Collection, Premium, Professional and Infrastructure – complemented by three innovation platforms. 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. info@fagerhultgroup.com www.fagerhultgroup.com Built on light, driven by people
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Employees +4,000 Brands 13 Net sales 8,305 MSEK Countries 27 Average annual growth 10% Our objective is to achieve average annual growth, CAGR, of 10 per cent. The outcome is affected by economic cycles. Operating margin 10% Our objective is an operating margin above 10 per cent. Returns, % of earnings per share 40–60% Our long-term objective is to distribute 40 to 60 per cent of annual net profits to our shareholders. Climate Net zero (2045) We have developed climate targets that have been validated by the Science Based Targets initiative (SBTi). This means that we will reduce our GHG emissions according to the 1.5°C goal from the Paris Agreement and become net zero by 2045. Smart lighting 100% (2030) Our ambition for 2030 is that every luminaire we sell is equipped with an integrated sensor. This creates opportunities for our customers to leverage the advantages of smart lighting. Fagerhult Group at a glance2024 info@fagerhultgroup.com www.fagerhultgroup.com
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Vision A world enhanced by light. Mission Together we innovate to deliver professional lighting solutions that are circular and climate-positive and contribute to better lives. Vision and mission info@fagerhultgroup.com www.fagerhultgroup.com
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5 Fagerhult Group understands the importance of light for better living. We innovate to deliver professional lighting solutions, and every Fagerhult Group company has its own unique offering, able to deliver to a customer’s standard or bespoke requirements. Our team understands that everyone benefits from co-creation and collaboration, and we are excited to work together with our colleagues and partners to contribute to more valuable professional environments. Our society is important to us, and we will always work as one to protect our planet, and to enhance the environment and quality of life for all, through the quality of light. Value proposition info@fagerhultgroup.com www.fagerhultgroup.com
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We have 80 years of lighting knowledge and experience with a history rooted in southern Sweden. Over the years, we have attracted some of the world’s leading lighting companies. Today, Fagerhult Group consists of 13 equally successful brands who share extensive experience and future-facing technology to continue to pioneer professional lighting solutions. 1945 1974 2005 2007 2010 2011 2013 2014 2016 2017 2018 2019 2025 Expanding our horizon since 1945 info@fagerhultgroup.com www.fagerhultgroup.com
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Collection Exceptional lighting solutions for architectural applications worldwide. Premium Lighting solutions for all European markets and for global customers. Professional Lighting solutions for selected applications, tailored to local market requirements. Infrastructure Specialty lighting solutions for critical infrastructure and industrial applications. Our business areas info@fagerhultgroup.com www.fagerhultgroup.com
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Collection 3 842 MSEK Premium 2 836 MSEK Professional 1 066 MSEK Infrastructure 836 MSEK Our business areas – net sales 2024 info@fagerhultgroup.com www.fagerhultgroup.com
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Offices Education Healthcare Retail Hospitality Culture Urban spaces Streets and pathways Critical infrastructure Industry and logistics Our application areas info@fagerhultgroup.com www.fagerhultgroup.com
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Market shares in Europe Top 3 players for Professional* Lighting Source: CSIL – The European Market For Lighting Fixtures May 2021 The European market is still highly fragmented, with the top ten players capturing only 30% of total share. *Segments for Commercial, Industrial and Outdoor applications Global presence, top three in Europe info@fagerhultgroup.com www.fagerhultgroup.com
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• Owner • Tenants • Facility managers • Generalist wholesalers • Specialized distributors • Lighting specialists • Construction companies • Energy service companies • Installation companies • Electrical installers • Engineering companies • Technical consultants • External 3rd party designers • Key account /internal specifiers • Architects • Interior designers • Landscape architects • Private developer • Public / government Customer Architect Lighting designer M&E consultant Installer General contractor Distributor End-user Specifiers Installers PartnersCustomers Customers Working with specifiers Our stakeholders and partners info@fagerhultgroup.com www.fagerhultgroup.com
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Sustainable Humans Smart Sustainable More sustainable solutions, both minimizing energy consumption and manufactured responsible . Humans Increasing human well-being, both recognizing peoples' preferences and enhancing environments. Smart Lighting as integrated part of the emerging eco-systems for smart building and cities. Group initiatives defined by market trends info@fagerhultgroup.com www.fagerhultgroup.com
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www.fagerhultgroup.com The right light, at the right time
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Energy consumption: Reduced to 10% with LED and SMART Energy consumption: Reduced to 30% with LED Energy consumption: 100% with conventional lighting Energy consumption can be slashed up to 90 per cent through the latest LED technology in combination with SMART lighting so that it is only on when needed and with the right intensity.
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Phasing out high-pressure sodium lamps Energy savings and demand for more sustainable solutions The obsolescence of 2G networks means they need to be phased out. Asset management and maintenance optimization The demand for smart lighting comes from the market Drivers of growth in smart outdoor lighting info@fagerhultgroup.com www.fagerhultgroup.com
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Smart building infrastructure Light for well-being Energy Performance of Buildings Directive Energy savings and demand for more sustainable solutions Drivers of growth in smart indoor lighting The demand for smart lighting comes from the market info@fagerhultgroup.com www.fagerhultgroup.com
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Three technology platforms within the Group Make smart offices a reality Organic Response was founded in 2011 in Melbourne, Australia, to solve the problem of office buildings staying lit after hours. The system uses a sensor in each luminaire that shares presence data with adjacent units, enabling autonomous, energy-efficient lighting. Designed for simplicity, it is plug-and-play and only requires a power connection to operate. For safe and energy-efficient outdoor environments Citygrid was launched in 2014 in Aarhus, Denmark, to reduce energy use through demand-controlled outdoor lighting. Each luminaire has a presence sensor and communication unit: when someone is detected, nearby lights brighten, while empty areas remain dimmed. The technology also helps reduce light pollution and supports biodiversity. For safe and energy-efficient outdoor environments Capelon was founded in 1996 in Stockholm, Sweden, and has since become a pioneer in connected street lighting and smart city solutions. Built on reliable, open powerline technology, Capelon’s platform now connects thousands of devices, helping cities become more efficient, scalable, and intelligent. info@fagerhultgroup.com www.fagerhultgroup.com
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Lighting that responds to its users, only turns on when you are actually there, and even identifies its own maintenance needs? It’s no longer a luxury – and it’s better for you, more efficient and good for the environment, too. Whether you’re a property owner, real estate company, municipality or city, if you’re looking to futureproof your premises and get serious about going green, you should be exploring smart lighting right now. Here’s why. Healthier living Did you know we spend 90% of our lives indoors? That’s why getting lighting right isn’t just about functionality and aesthetics – lighting can mimic natural daylight to create a more pleasant and comfortable environment. It makes employees and residents healthier, happier and more productive. Waste less energy There’s no need to waste light because with smart lighting you have total control, allowing you to adapt to actual usage and seasonal changes. In fact, you could be slashing energy consumption by up to 90% by making sure that lighting is only turned on when needed and at the right intensity. Become circular ‘Reduce, reuse, recycle’ are pillars in all forward-looking sustainability strategies. By letting you know for how long they have been used and when repairs and maintenance are needed, smart lighting fixtures can last longer – and may even get reused. Open granular infrastructure With a sensor in every luminaire, you ensure full building coverage. Creating a granular and scalable network with open APIs, smart lighting becomes the backbone of the building’s services and interacts seamlessly with other systems. It’s time to think holistically. Value added services With innovative services, such as apps to control workspace lighting, book meeting rooms or get access to other smart building services, you create a better experience for the users. Outdoor lighting options allow cities to use smart lighting to create the right atmosphere for events, or a ‘leading light’ to guide a crowd. Securely managed A smart lighting infrastructure located in the cloud allows the user to configure, manage and monitor the system remotely at any time, as well as automating tasks like emergency light-testing. Cloud services are more efficient and support you in adhering to the latest security standards. Flexible future With constantly evolving needs – whether that’s changing an office work environment or adapting an outdoor system – smart lighting is easy to reconfigure and adopt, without expensive rewiring or unnecessary downtime. Seven reasons for smart lighting
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Reduce emissions by 70 percent in Scope 1 and 2, and by 30 percent in Scope 3 by 2030, from the 2021 baseline – reaching net-zero by 2045. 3 284 3 467 2 745 2 154 2021 2022 2023 2024 Reduced CO2 emissions with 34% since 2021 Sustainability leadership Thought leadership through innovation, partnerships, and CO₂ reduction, guided by a sustainability-first culture driving profitable growth. Trusted advisor The go-to partner for sustainable products and services that helps our customers achieving their green targets . Impact by smart technology SMART by default in all luminaires together with circular business models to heavily reduce customers’ CO2 footprint. Sustainability at our core and across all levels info@fagerhultgroup.com www.fagerhultgroup.com
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Culture, Hospitality, High-end residential, Urban landscape Working with global community of architects and lighting designers Leverage Collection global footprint to grow Specific North American growth strategy Collection info@fagerhultgroup.com www.fagerhultgroup.com
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Focus on office, education, healthcare, retail and selected outdoor applications Working with lighting designers, electrical consultants and installers Strengthen existing markets within focus segments Grow in specific European markets, e.g. DACH-region Premium info@fagerhultgroup.com www.fagerhultgroup.com
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Office, Education and Healthcare Working with electrical consultants, installers and construction companies Focus on key segments and new technologies Strengthen position as most sustainable partner Professional info@fagerhultgroup.com www.fagerhultgroup.com
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Critical Infrastructure, Industry and Distribution centres Working with electrical consultants and installers Expand product offering within focus segments Grow in selected European markets Infrastructure info@fagerhultgroup.com www.fagerhultgroup.com
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Group core values info@fagerhultgroup.com www.fagerhultgroup.com
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0 100 200 300 400 500 600 700 800 900 1 000 0 1 000 2 000 3 000 4 000 5 000 6 000 7 000 8 000 9 000 2019 2020 2021 2022 2023 2024 Net sales Operating profit *For 2020 – adjusted operating profit, see Q4 report for more information *For 2024 – operating profit adjusted for IAC, see Q4 report for more information Fagerhult Group financial development 2019-2024 info@fagerhultgroup.com www.fagerhultgroup.com
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Q2 2025 in figures 0 50 100 150 200 250 300 0 500 1 000 1 500 2 000 2 500 3 000 Q3 2024 Q3 2025 Net Sales, MSEK Operating profit before IAC Order intake: 1 952 MSEK (1 873) +0,0% organic Net sales: 2 027 MSEK (1 919) +1,0% organic Operating profitbefore IAC : 147 MSEK (181) Operating marginbefore IAC: 7,3% (9,4%) Earnings per sharebefore IAC: 0,47 SEK (0,58) info@fagerhultgroup.com www.fagerhultgroup.com
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YTD 2025 in figures 0 100 200 300 400 500 600 700 0 1 000 2 000 3 000 4 000 5 000 6 000 7 000 Q3 2024 Q3 2025 Net Sales, MSEK Operating profit before IAC Order intake: 6 084 MSEK (6 106) +0,0% organic Net sales: 5 815 MSEK (6 266) -7,1% organic Operating profitbefore IAC: 412 MSEK (598) Operating marginbefore IAC: 7,1% (9,5%) Earnings per sharebefore IAC: 1,23 SEK (1,99) info@fagerhultgroup.com www.fagerhultgroup.com
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Group Functions Business Area Responsible Bodil Sonesson President & CEO Oscar Wallstén Chief Financial Officer Johan Lembre Chief Technology Officer Andrea Gageik Chief People Officer Michael Brüer Head of Business Area Professional Stéphanie Praloran Head of Business Area Infrastructure Edwin Roobol Head of Business Area Collection Jing Jin Head of Business Area Premium Group Management Team info@fagerhultgroup.com www.fagerhultgroup.com
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info@fagerhultgroup.com www.fagerhultgroup.com Thank you.