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Interim Report for Q1 1 May – 31 July 2019

Highlights:

  • Net sales increased by 12.0 percent to SEK 2,254 million (2,013).
  • Organic growth was 4.1 percent (5.4).
  • Operating profit (EBIT) totalled SEK 173 million (145).
  • The operating margin was 7.7 percent (7.2).
  • Profit after tax amounted to SEK 128 million (72).
  • Earnings per share totalled SEK 2.44 (1.39).
  • Cash flow from operating activities amounted to SEK 169 million (75).

Significant events after the period under review:

  • In early August, Systemair acquired the ventilation business of Australian company Pacific HVAC. The company has sales of around SEK 130 million and 60 employees.
  • Also in August, Systemair received an order for ventilation equipment for three cruise liners to be built by the MAC shipyard in Hamburg. The order is valued at EUR 3.3 million.
  • Again in August, Systemair acquired 60 percent of the shares in Moroccan sales company Systemair Maroc. The company has sales of around SEK 70 million and 27 employees.

 

A weak ending of the year.

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Interim Report Q4 for the financial year 2017/18 will be published at 08:00 CET on June14, 2018.

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Press releases

A weak ending of the year.

Read more

Interim Report Q4 for the financial year 2017/18 will be published at 08:00 CET on June14, 2018.

Read more

A quarter affected by restructuring costs

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