Systemair's Interim Report Q2
Upward trend continues
In the second quarter, organic growth was recorded at 4.8 percent, while profit again improved compared with a year earlier. The restructuring programme, launched in June, is under way and the effects are starting to show through. The annual cost saving from the programme as a whole is calculated at SEK 45 million, with full impact emerging inside two years. Adjusted operating profit for the quarter amounted to SEK 162.4 million and operating margin was 9.2 percent (8.3) .
A telephone conference will be held at 9:00 CET on November 24, 2016. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO.
In order to participate in the telephone conference:
Call +46 (0)8 5052 0110 and enter code 960807 minutes before start.
Presentation telephone conference.
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