Systemair AB Interim Report Q3 2018/19 - Growth still strong
Third quarter November 2018 – January 2019
Roland Kasper, President and CEO, comments: “During the third quarter, growth was recorded at 13.8 percent, of which 6.2 percent was organic. Most regions reported good growth, notably Eastern Europe, North America and several parts of Asia. Operating profit improved to SEK 80 million, as against SEK 68 million in the same quarter last year.”
The presentation of the Q3 report
The Q3 Interim Report
For further information contact: Roland Kasper, CEO, + 46 73 094 40 13, +46 222 440 13 Anders Ulff, CFO, + 46 70 577 40 09, +46 222 440 09
Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00,www.systemair.com
Systemair in brief Systemair is a leading ventilation company with operations in 50 countries in Europe, North- and South America, the Middle East, Asia and Africa. The Company had sales of SEK 7.3 billion in financial year 2017/18 and currently employs about 5,800 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 10 years, the Company's growth rate has averaged about 9 percent. Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, Fantech and Menerga brands. Systemair shares have been quoted on the Mid Cap List of the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises about 70 companies.
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