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Systemair receives large order to University Hospital in Turkey

February 26, 2016, 08:00
Regulatory information

Systemair (NASDAQ OMX Stockholm: SYSR) has received an order of 550 air handling units to the University Hospital in Ankara, Turkey. The order value is estimated to be about EUR 5.2 million.

Systemair has been selected as supplier of air handling units to "Bilkent Integrated Healthcare Campus" which is the largest university hospital in Europe and one of the largest hospitals in the world. The hospital will include more than 100 operating theatres and is expected to treat approximately 35,000 patients per day and will have around 8,000 employees. The project also includes a new office building for the Turkish Ministry of health.

Systemair delivers more than 550 air handling units of which about 250 are hygiene certified. Deliveries will take place during April to October 2016.

"This order strengthens our position as the leading air handling unit supplier in Turkey and confirms our expertise within hospital ventilation", says Systemair's President and CEO Roland Kasper.

For further information contact:
Roland Kasper, CEO, +46 222 440 13, +46 73 94 40 13
Anders Ulff, CFO, +46 222 440 09, + 46 70 577 40 09

Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 222 440 00,

Note: The information here is that which Systemair AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 08:00 (CET) on 26 February 2016.

Systemair in brief
Systemair is a leading ventilation company with operations in 47 countries in Europe, North- and South America, the Middle East, Asia and South Africa. The Company had sales of SEK 5.9 billion in financial year 2014/15 and currently employs about 4,700 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. During the past 15 years, the Company's growth rate has averaged about 13 percent.

Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and Holland Heating 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 60 companies.