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Systemair AB (SYSR.ST)

SYSR.ST on Stockholm Stock Exchange

93.20SEK
5:08am EDT
Change (% chg)

0.90kr (+0.98%)
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92.30kr
Open
94.20kr
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94.20kr
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92.10kr
Volume
817
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40,492
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152.00kr
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91.30kr

Latest Key Developments (Source: Significant Developments)

Systemair Warns Of Lower Earnings For Q4 2017/18
Wednesday, 30 May 2018 07:00am EDT 

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 03:00am EDT 

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 07:00am EST 

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 02:00am EST 

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

Systemair Q1 operating profit below forecasts
Thursday, 24 Aug 2017 07:00am EDT 

Aug 24 (Reuters) - Systemair :Q1 net sales increased by 11.6 percent to SEK 1,837 million.Q1 operating profit (EBIT) totalled SEK 133 million (133).Q1 organic growth was 4.2 percent (7.4).Reuters poll: sales were seen at 1,860 mln SEK, op profit seen at 169 mln SEK.  Full Article

Systemair buys Viking Air Conditioning in South Africa
Friday, 9 Jun 2017 02:00am EDT 

June 9 (Reuters) - Systemair Ab :Systemair acquires leading south african manufacturer of air handling units and packaged units Viking Air Conditioning.  Full Article

Systemair Q4 reported EBIT lags forecast
Thursday, 8 Jun 2017 02:00am EDT 

June 8 (Reuters) - Systemair AB :Q4 net sales increased by 14.9 percent to SEK 1,733 million.Q4 operating profit (EBIT) totalled SEK 48 million vs year-ago 62 million.Q4 organic growth was 6.8 percent vs year-ago 4.0 percent.Says proposes a dividend of SEK 2.00 per share, unchanged from pvs year.Reuters poll: Systemair Q4 reported EBIT seen at SEK 87.7 million, net sales at 1,744 million.  Full Article

Systemair says acquires company in Austria
Tuesday, 25 Apr 2017 02:06am EDT 

April 25 (Reuters) - Systemair AB :Says acquires Austrian manufacturer of air handling units.Says acquired company Frivent achieves a turnover of around 7 million EUR.  Full Article

Systemair Q3 operating profit far above forecast
Thursday, 23 Feb 2017 02:04am EST 

Systemair Ab : Q3 net sales increased by 21.1 percent to SEK 1,715 million (1,416). . Q3 organic growth was 12.2 percent (-1.2). . Q3 operating profit (EBIT) totalled SEK 105 million (30) . Says russian market is showing positive signs .Reuters poll: Systemair Q3 EBIT was seen at SEK 65 million, net sales at 1,612 million.  Full Article

Systemair acquires German manufacturer of air curtains
Thursday, 29 Sep 2016 07:00am EDT 

Systemair AB : Says acquires German manufacturer of air curtains . Says will take over 24 employees .Says acquired company TTL is located in Winterbach, west of Stuttgart and has a turnover of around 4 million EUR.  Full Article