Fagerhult Group AB Q4 2024 Earnings Call Transcript - Thomson StreetEvents

Fagerhult Group AB Q4 2024 Earnings Call Transcript

Fagerhult Group AB Q4 2024 Earnings Call Transcript - Thomson StreetEvents
Fagerhult Group AB Q4 2024 Earnings Call Transcript
Published Feb 19, 2025
11 pages (6823 words) — Published Feb 19, 2025
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of FAG.ST earnings conference call or presentation 19-Feb-25 8:30am GMT

  
Brief Excerpt:

...Thank you, Magnus, and welcome everyone to this Q4 2024 webcast. So, during Q4, we continued with a very high focus on cost control and cost reduction as we are still not satisfied with the operating result. The fourth quarter was not in line with ambitions, and it's caused mainly by the slower market conditions. So, in Q3, we reported on restructuring programs in 3 entities, and we are reinforcing cost control in the whole group to right size the business to the current slower market conditions. We see these activities continuing through the first half year of 2025, and they will gradually benefit our results. We have decided to close the Dubai entity of the Fagerhult brand, which is part of the cost reduction in Fagerhult's brand, and this will improve the operating margin in business area premium. I want to point out that this is not affecting any of the business area collection brands in the region. Which are operating successfully. So, as a group, we still have a strong presence in...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Fagerhult Group AB
Ticker
FAG.ST
Time
8:30am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Nikola Kalanoski - ABG Sundal Collier. - Analyst : Wonderful. Thank you very much and thanks for the presentation, Bodil and Michael. I just have two questions. The first one is just a confirmatory question. Did you adjust for the inventory write downs for about SEK20 million in the operating profit before IAC?

Question: Nikola Kalanoski - ABG Sundal Collier. - Analyst : Mm, I understand. And my second and just final question. If you could help us unpack the price and volume mix in the in the quarter.

Question: Nikola Kalanoski - ABG Sundal Collier. - Analyst : I appreciate that. It's very clear. Thank you very much. That's all from me.

Question: Mats Liss - Kepler Cheuvreux. - Analyst : Yeah, I thank you. Well, a couple of questions. First, I mean, you mentioned the savings measures that you're about to, well, adjust for market conditions. Could you say something about the potential of improvement to be expected during the second half, and maybe also if there are some extra costs to be expected during the first half.

Question: Mats Liss - Kepler Cheuvreux. - Analyst : Great Thank you and. Yeah, very good. And then, me looking at the orders were pretty all right, I guess, and should we expect this to be a good proxy for sales during the first, quarter now, or is it more, well, could it say something about the lead times there.

Question: Mats Liss - Kepler Cheuvreux. - Analyst : Great. Yeah, and then component supplies, is there anything to say about that? I mean. Lots of things are happening globally. Yeah.

Question: Mats Liss - Kepler Cheuvreux. - Analyst : Great. And finally, there's just about text line there was a bit. Higher than I expected, could you, well, could you give some comments there?

Question: Mats Liss - Kepler Cheuvreux. - Analyst : What should we expect for '25.

Question: Mats Liss - Kepler Cheuvreux. - Analyst : Okay, great, thank you.

Table Of Contents

Fagerhult Group AB Q1 2025 Earnings Call Transcript – 2025-04-29 – US$ 54.00 – Edited Transcript of FAG.ST earnings conference call or presentation 29-Apr-25 7:30am GMT

Fagerhult Group AB Q3 2024 Earnings Call Transcript – 2024-10-28 – US$ 54.00 – Edited Transcript of FAG.ST earnings conference call or presentation 28-Oct-24 8:30am GMT

Fagerhult Group AB Q1 2023 Earnings Call Transcript – 2023-04-26 – US$ 54.00 – Edited Transcript of FAG.ST earnings conference call or presentation 26-Apr-23 7:00am GMT

Fagerhult AB Q4 2022 Earnings Call Transcript – 2023-02-22 – US$ 54.00 – Edited Transcript of FAG.ST earnings conference call or presentation 22-Feb-23 8:30am GMT

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Thomson StreetEvents. "Fagerhult Group AB Q4 2024 Earnings Call Transcript" Feb 19, 2025. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Fagerhult-Group-AB-Earnings-Call-T16266211>
  
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Thomson StreetEvents. (2025). Fagerhult Group AB Q4 2024 Earnings Call Transcript Feb 19, 2025. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2024-Fagerhult-Group-AB-Earnings-Call-T16266211>
  
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