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RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Fagerhult

🌎 fagerhult.com

Fagerhult creates premium lighting solutions that enhance human well-being in professional and public environments. With a focus on sustainability and connectivity, the company specializes in lighting for office, education, healthcare, retail, and outdoor applications. It operates globally with a strong presence in Europe, offering tailor-made solutions through its various sales companies. Fagerhult is part of the Fagerhult Group, which includes multiple brands and employs over 4,100 people across 27 countries.

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Fagerhult - Latest News and Updates

• Fagerhult's CEO Bodil Sonesson announced an acceleration of cost actions due to continued slow market conditions in the year-end report for 2024.
• Fagerhult reported a 3.4% decrease in net sales and a 36.5% drop in operating profit for Q4 2024, prompting the board to propose a lower dividend.
• Fagerhult's Evolume and Bioinclusive lighting solutions are featured in an innovative street lighting project in Sundsvall, enhancing safety for residents while being eco-friendly.

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