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Investor & Media

Systemair AB Interim Report Q3

Organic growth despite weak market

Gerald Engström, CEO, comments:

“We can again report organic growth, for the 16th successive quarter. However, the period was considerably weaker than anticipated. Restructuring of the recent acquisition Menerga and its sales companies burdened earnings for the period. In addition, profitability in the important Russian market was lower than in the preceding year. The mild winter had negative impact on Frico’s sales of heating products. Weaker currencies in, above all, Norway, Russia, Turkey and India affected both sales and profits.”

Press releases


  • 2014-03-06 08:00
    Systemair AB Interim Report Q3 - Organic growth despite weak market
    Third quarter, November 2013 - January 2014 Net sales increased by 16 percent to SEK 1,298 million (1,121).  Operating profit (EBIT) totalled SEK 49 million (90).  Operating margin was 3.7 percent (8.0).   Profit after tax amounted to SEK 20 million...
  • 2014-03-03 10:22
    Institutions acquires Systemairs shares in Lindab
    Systemair (NASDAQ OMX Stockholm: SYSR) acquired in 2012 shares in Lindab AB (publ). The shareholding amounts to 9,150,000 shares, representing 11.2 percent of the shares and votes in Lindab. A limited group of institutional investors has acquired the...
  • 2014-02-28 16:00
    Systemair Nomination Committee
    At the annual meeting on 29 August 2013 it was decided that the Nomination Committee should contain representatives for the three largest owners together with the Chairman of the Board. We hereby announce that, after consultations with the company's...
  • 2014-02-27 08:00
    Systemair's Interim Report for the third quarter 2013/14 will be presented on March 6
    Systemair AB (NASDAQ OMX Stockholm: SYSR) Interim Report for the third quarter 2013/14 will be published at 08:00 CET on March 6, 2014. A telephone conference will be held at 9:00 CET on March 6, 2014. The report will be presented by Gerald Engström,...
  • 2014-02-04 10:00
    Systemair acquires sales companies in Switzerland and Germany
    Systemair AB (NASDAQ OMX Stockholm: SYSR) acquires Menerga AG in Switzerland and sales companies in Northern Germany that are distributors of Menerga products. Menerga AG markets and perform service for products from Menerga, had a turnover of...

Systemair AB, Industrivägen 3, SE-739 30 Skinnskatteberg
Tel +46 222 440 00 Fax +46 222 440 99, mailbox@systemair.se

© 2012 Systemair AB
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