FAGNasdaq StockholmIndustrialsIFRS · SEK

Fagerhult Group

Fagerhult Group is a prominent player in the professional lighting industry, specializing in providing innovative lighting solutions for various environments. The company is known for its strategic partnerships and award-winning products, such as the Agorà luminaire by iGuzzini. Fagerhult operates through several brands, including Designplan, i-Valo, and Veko, with a strong presence in Europe and expanding operations in other regions. The Group focuses on smart lighting solutions and sustainability, aiming to deliver value in complex environments through a decentralized organizational structure.

Ask about the company
Revenue7,891m SEK
−5.0 %y/y
Operating profit (EBIT)578m SEK
−13.9 %y/y
EBIT margin7.3%
−0.8 ppy/y
Net income317m SEK
−10.4 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,0008,00010,000m SEK2021: 7,088 m SEK2021: EBIT 706 m SEK20212022: 8,270 m SEK2022: EBIT 833 m SEK20222023: 8,560 m SEK2023: EBIT 901 m SEK20232024: 8,305 m SEK2024: EBIT 671 m SEK20242025: 7,891 m SEK2025: EBIT 578 m SEK20257,891578
RevenueOperating profit (EBIT)
Ask Clarifo about Fagerhult Group

Business

Share of revenue
Professional Lighting40 %

Includes indoor and outdoor lighting solutions for various applications.

Smart Lighting25 %

Focuses on intelligent lighting systems and solutions for energy efficiency.

Infrastructure Lighting20 %

Provides robust lighting solutions for infrastructure projects.

Sustainable Solutions15 %

Offers eco-friendly lighting technologies and products.

Customers

Fagerhult Group serves a diverse range of customer segments, primarily focusing on professional and commercial clients. Key customer segments include municipalities, logistics facilities, and educational institutions, which seek energy-efficient and sustainable lighting solutions. The Group also targets infrastructure projects requiring durable and robust lighting systems. Customers value Fagerhult's ability to deliver bespoke solutions tailored to specific needs, supported by strategic partnerships and a strong brand portfolio.

Municipalities

Purchase smart lighting solutions for public spaces to enhance energy efficiency.

Logistics Facilities

Require efficient lighting systems for large-scale operations.

Educational Institutions

Upgrade to sustainable lighting for cost savings and compliance.

Infrastructure Projects

Need durable lighting solutions for complex environments.

Strategy

Fagerhult Group's strategic priorities focus on enhancing operational efficiency, expanding into new markets, and driving innovation in smart and sustainable lighting solutions. The company is committed to deepening collaboration across its decentralized structure to realize synergies and create value. Strategic partnerships and acquisitions are key to strengthening its market position and expanding its product offerings. Sustainability and circularity are integral to Fagerhult's strategy, aligning with global trends and customer demands for eco-friendly solutions.

Operational EfficiencyShort term

To improve margins and competitiveness

Market ExpansionMedium term

To access new growth opportunities

Innovation in Smart LightingLong term

To meet customer demand for advanced solutions

Geography

Q4/2025

Fagerhult Group has a strong geographic presence in Europe, with key markets in Sweden, Germany, and the UK. The company also operates manufacturing facilities in Finland and the Netherlands, supporting its European operations. Fagerhult is expanding its reach into other regions, including China, to tap into new markets and opportunities. The strategic location of its facilities enables efficient production and distribution, enhancing the Group's competitive position in the global lighting industry.

Sweden100 %

Risks

Fagerhult Group faces several risks, including macroeconomic uncertainties that affect order intake and lead times. The company's international operations expose it to currency and interest rate fluctuations, impacting financial performance. The lighting industry is highly competitive, with rapid technological advancements requiring continuous innovation. Additionally, regulatory changes related to energy efficiency and sustainability present compliance risks. Fagerhult's reliance on strategic partnerships and acquisitions also poses integration and execution risks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Macroeconomic Uncertainty1Regulatory Changes2Currency Fluctuations3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Macroeconomic UncertaintyImpact: HighLikelihood: High

    Affects order intake and lead times

  2. Regulatory ChangesImpact: HighLikelihood: Low

    Compliance with energy efficiency and sustainability standards

  3. Currency FluctuationsImpact: MediumLikelihood: Medium

    Impacts financial performance due to international operations

Ask Clarifo about Fagerhult Group

Accounting

Judgemental items
Revenue Recognition

Critical for accurately reflecting sales performance

Impact: high

IFRS 16 Lease Accounting

Impacts reported liabilities and assets

Impact: medium

Goodwill Impairment

Ensures accurate valuation of acquisitions

Impact: medium

Similar listed companies

Publicly listed companies with a comparable business focus.

Husqvarna A

HUSQ-B · Consumer Discretionary

BHG Group

BHG · Consumer Discretionary

Acuity Inc

AYI · Electric Lighting & Wiring Equipment

Volati Pref

VOLO-PREF · Industrials

Volati

VOLO-PREF · Industrials

Green Landscaping Group

GREEN · Industrials

Last updated: 24/09/2026

Fagerhult Group (FAG) Revenue, Earnings & Financials 2025 – Clarifo