Investor & Media

Systemair AB Year-end Report 2016/17


Fourth quarter, February 2017 – April 2017

- Net sales increased by 14.9 percent to SEK 1,733 million (1,509).
- Organic growth was 6.8 percent (4.0).
- Operating profit (EBIT) totalled SEK 48 million (62). Operating profit adjusted for effects of restructuring programme totalled SEK 67 million.
- The operating margin was 2.8 percent (4.1).
- Profit after tax amounted to SEK 29 million (28).
- Earnings per share totalled SEK 0.55 (0.53).
- Cash flow from operating activities amounted to SEK -26 million (-40).

12 months, May 2016 – April 2017

- Net sales increased by 12.3 percent to SEK 6,864 million (6,113).
- Organic growth was 7.7 percent (2.6).
- Operating profit (EBIT) totalled SEK 439 million (344). Operating profit adjusted for effects of restructuring programme totalled SEK 484 million.
- The operating margin was 6.4 percent (5.6).
- Profit after tax amounted to SEK 294 million (207).
- Earnings per share totalled SEK 5.66 (3.98).
- Cash flow from operating activities amounted to SEK 464 million (169).
- The Board of Directors proposes a dividend of SEK 2.00 (2.00) per share.

One year in the right direction

In the fourth quarter, growth totalled 14.9 percent, 6.8 percent organic. Over the whole year, growth increased 12.3 percent, 7.7 percent organic. In view of the caution prevailing in many markets, this may be seen as a good performance. Operating profit in the quarter landed below anticipation, partly because of a series of non-recurring items. Adjusted operating profit for the quarter amounted to SEK 67 million, as against SEK 62 million in the same quarter last year. Restructuring costs in the quarter totalled SEK 19 million. Adjusted profit for the whole year increased to SEK 484 million, from SEK 354 million in the preceding year.

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 44 009

Press releases


  • Press Release, 3 August 2017 Systemair AB (NASDAQ OMX Stockholm: SYSR) announced today that the company's Annual Report for 2016/17 is published, see the attached file. The Annual Report is also published on the company's website www.systemair.com, in...
  • This is a correction of the announcement from 08:00 27.07.2017 CEST. Reason for the correction:The entire notice has now been included.  Press Release, 27 July 2017 Systemair AB (publ) (NASDAQ OMX Stockholm: SYSR) with broken fiscal year 1 May to 30...
  • Press Release, 27 July 2017 Systemair AB (publ) (NASDAQ OMX Stockholm: SYSR) with broken fiscal year 1 May to 30 April, the Annual General Meeting will be held on Thursday, 24 August 2017 at 3 p.m. in the auditorium, Systemair Expo, in Skinnskatteberg....
  • 2017-06-16 08:00
    Press Release, 16 June 2017 Systemair AB's main owner Färna Invest AB, which is controlled by Gerald Engström, chairman of the board of Systemair, issued 520,000 call options for Systemair shares to senior executives in Systemair in 2014. Exercise has...
  • Press Release, 14 June 2017 Systemair ABs (NASDAQ OMX Stockholm: SYSR) subsidiary, Menerga GmbH,  in Germany has received an order for 226 air handling units, of a value of approx. EUR 15 million, to the German company Linde AG, Munich Germany. The ord...
Contact
  • Gerald Engström

    Styrelseordförande/ Chairman of the Board
    +46 (0) 222 440 00
    E-Mail
  • Roland Kasper

    CEO
    +46 (0) 222 440 13
    E-Mail
  • Anders Ulff

    CFO
    +46 (0) 222 440 09
    E-Mail
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