Second quarter August–October 2019
Roland Kasper President and CEO comments: "During the second quarter, growth was recorded at 15.4 percent, of which 6.0 percent was organic. All regions except the Nordic region show good growth, with Eastern Europe and North America at the forefront. The second quarter of the financial year is usually Systemair’s strongest in terms of earnings. As a result of actions taken and effective capacity utilisation in the majority of factories, the gross margin continued to improve. Operating profit also improved, to SEK 284 million corresponding to 11.4 percent, as against SEK 189 million in the same quarter last year. Over the past nine years, Systemair has shown organic growth during all quarters with one exception."
Contact President and CEO Roland Kasper Telephone: +46 (0)222-440 13, +46 (0)730-94 40 13 E-mail: email@example.com
CFO Anders Ulff Telephone: +46 (0)222-440 09, +46 (0)70-577 40 09 E-mail: firstname.lastname@example.org
A weak ending of the year.
Interim Report Q4 for the financial year 2017/18 will be published at 08:00 CET on June14, 2018.
A quarter affected by restructuring costs