This Research Note explores the business activities and financial highlights of the Fagerhult lighting group, based on their 2024 results announced 19th February 2025 and Company Presentation, May 2024. We also highlight the progress of the company’s smart connected lighting activities in the past year, with their Organic Response brand. We previously covered the company in a 2022 research note. Fagerhult Profile Fagerhult Group is one of Europe’s listed lighting companies with 4,000 employees in 27 countries and a turnover of 8,305 MSEK (approx. €741M) in 2024. Based in Habo, Sweden, the company offers 12 brands organized into four business areas: Collection, Premium, Professional and Infrastructure. All brands produce professional lighting solutions with a focus on office, education, healthcare, retail and outdoor applications. Group Financial Highlights 2024 The uncertain and volatile market conditions that were experienced during the first three quarters of 2024 continued during the fourth quarter. With these continued uncertainties and low confidence […]