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Systemair AB (SYSR.ST)

SYSR.ST on Stockholm Stock Exchange

137.00SEK
13 Sep 2019
Change (% chg)

1.00kr (+0.74%)
Prev Close
136.00kr
Open
136.50kr
Day's High
138.00kr
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136.00kr
Volume
4,284
Avg. Vol
17,436
52-wk High
140.00kr
52-wk Low
92.00kr

Latest Key Developments (Source: Significant Developments)

Systemair Q1 EBIT Up At SEK 173 Mln
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Systemair AB ::REG-SYSTEMAIR AB INTERIM REPORT Q1 2019/20 - A GOOD START TO THE YEAR.Q1 OPERATING PROFIT (EBIT) TOTALLED SEK 173 MILLION (145).GROWTH WAS ESPECIALLY POSITIVE IN EASTERN EUROPE AND NORTH AMERICA REGIONS.Q1 NET SALES INCREASED BY 12.0 PERCENT TO SEK 2,254 MILLION (2,013).LONGTERM GOAL OF ACHIEVING AN OPERATING PROFIT OF 10 PERCENT REMAINS IN PLACE.  Full Article

Systemair Acquires Distributor In Morocco
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Systemair AB ::REG-SYSTEMAIR ACQUIRES DISTRIBUTOR IN MOROCCO.ACQUISITION REPRESENTS 60 PERCENT OF TOTAL SHARES IN COMPANY WITH AN OPTION TO ACQUIRE REMAINING SHARES WITHIN THREE YEARS.  Full Article

Systemair Acquires Company In Australia
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Systemair AB ::REG-SYSTEMAIR ACQUIRES COMPANY IN AUSTRALIA.HAS ACQUIRED VENTILATION PART OF AUSTRALIAN COMPANY PACIFIC HVAC ENGINEERING.COMPANY, WHICH IS HEADQUARTERED IN MELBOURNE, HAS AN ANNUAL TURNOVER OF APPROXIMATELY AUD 20 MILLION (SEK 130 MILLION) AND IS ALSO ESTABLISHED IN SYDNEY, ADELAIDE, BRISBANE, PERTH, AND AUCKLAND IN NEW ZEALAND.  Full Article

Systemair Buys Air Distribution Products Maker Koolair
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Systemair AB ::SYSTEMAIR ACQUIRES KOOLAIR.CLOSING OF TRANSACTION IS SCHEDULED TO NOVEMBER 1ST 2018.AGREED PURCHASE PRICE AMOUNTS TO 20 MILLION EUR.  Full Article

Systemair Warns Of Lower Earnings For Q4 2017/18
Wednesday, 30 May 2018 

May 30 (Reuters) - Systemair AB ::SYSTEMAIR AB PREDICTS LOWER THAN EXPECTED EARNINGS IN THE FOURTH QUARTER 2017/18.PREDICTS Q4 2017/18 EARNINGS TO BE LOWER THAN MARKET EXPECTATIONS, AND ESTIMATES THAT OPERATING PROFIT DECLINES TO SEK 5 MILLION.ADJUSTED FOR ITEMS AFFECTING COMPARABILITY STATED BELOW, OPERATING PROFIT IS ESTIMATED AT SEK 49 MILLION.NET SALES ARE ESTIMATED TO INCREASE BY 5.4 PERCENT TO SEK 1,827 MILLION (1,733)..SYSTEMAIR AB - OPERATING PROFIT FOR Q4 HAVE BEEN IMPACTED BY SEVERAL NON-RECURRING ITEMS.SYSTEMAIR AB - DURING Q4, IT HAS NOW BEEN RECOGNISED THAT MATERIAL AND LABOUR COSTS NEEDED TO COMPLETE A PROJECT HAVE BEEN UNDERESTIMATED.DURING Q4 SYSTEMAIR HAVE ALSO RECOGNISED A PROVISION FOR ANTICIPATED BAD DEBTS OF SEK 12.2 MILLION.  Full Article

Systemair fiscal Q3 operating profit lags forecast
Thursday, 15 Mar 2018 

March 15 (Reuters) - Systemair Ab ::REG-SYSTEMAIR AB INTERIM REPORT Q3 2017/18 - A QUARTER AFFECTED BY RESTRUCTURING COSTS.Q3 NET SALES INCREASED BY 3.4 PERCENT TO SEK 1,773 MILLION.Q3 OPERATING PROFIT (EBIT) TOTALLED SEK 68 MILLION.Q3 ORGANIC GROWTH WAS 4.0 PERCENT.Q3 OPERATING MARGIN WAS 3.8 PERCENT.REUTERS POLL: SYSTEMAIR Q3 EBIT SEEN AT SEK 113 MILLION, SALES AT 1,809 MILLION.SAYS PROFITS FOR QUARTER WERE SOMEWHAT A DISAPPOINTMENT AND IMPACTED BY LARGER PROJECT DELIVERIES WITH LOW MARGINS AND NON-RECURRING ITEMS IN CONNECTION WITH CONTINUED RESTRUCTURING.  Full Article

Systemair buys Swiss distribution company
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Systemair Ab ::SYSTEMAIR AB SAYS ‍SYSTEMAIR AB (NASDAQ OMX STOCKHOLM: SYSR) HAS ACQUIRED SYNECO GMBH IN SWITZERLAND, A DISTRIBUTOR FOR MENERGA PRODUCTS.SYSTEMAIR AB SAYS ‍SYNECO GMBH WHICH MARKETS AND PROVIDES SERVICE FOR MENERGA PRODUCTS ACHIEVED A TURNOVER OF SEK 50 MLN IN 2017 AND CURRENTLY HAS 16 EMPLOYEES​​.  Full Article

Systemair Q2 operating profit lags forecast​
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Systemair AB ::Q2 ‍NET SALES INCREASED BY 5.3 PERCENT TO SEK 1,864 MILLION (1,769).​.Q2 ‍OPERATING PROFIT (EBIT) TOTALLED SEK 144 MILLION (153).​.SAYS ‍MARGINS WERE AFFECTED BY HIGH RAW MATERIAL PRICES AND LOWER VOLUMES AT SOME OF GROUP'S FACTORIES​.SAYS ‍PRICE INCREASES ARE UNDER WAY TO OFFSET RAW MATERIAL COSTS, WHILE WE ARE SEEING A MARKET THAT REMAINS STRONG, AND MANY ATTRACTIVE PROJECTS​.REUTERS POLL: SYSTEMAIR Q2 EBIT SEEN AT SEK 159 MILLION, NET SALES AT 1,899 MILLION.  Full Article