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PRESS RELEASE, 6 MARCH 2025

SKINNSKATTEBERG, Sweden, March 6, 2025 /PRNewswire/ --

Third quarter, November 2024 – January 2025

• Organic growth was +5.4 percent (+0.1).

• Net sales increased by 7.6 percent to SEK 3,042 million (2,827), of which the currency effect amounted to +1.6 percent.

• Adjusted operating profit (EBIT) totalled SEK 213 million (198). The Group's adjusted operating margin was 7.0 percent (7.0).

• Operating profit (EBIT) totalled SEK 201 million (73). The Group's operating margin was 6.6 percent (2.6).

• Profit after tax amounted to SEK 135 million (-24).

• Earnings per share (basic) were SEK 0.62 (-0.12).

• Cash flow from operating activities totalled SEK +206 million (403).

Nine months, May 2024 – January 2025

• Organic growth was +2.5 percent (+5.2).

• Net sales increased by 1.2 percent to SEK 9,299 million (9,188), of which the currency effect amounted to -1.8 percent.

• Adjusted operating profit totalled SEK 866 million (858). The Group's adjusted operating margin was 9.3 percent (9.3).

• Operating profit (EBIT) totalled SEK 854 million (730). The Group's operating margin was 9.2 percent (7.9).

• Profit after tax amounted to SEK 581 million (464).

• Earnings per share totalled SEK 2.77 (2.23).

• Cash flow from operating activities totalled SEK +800 million (+1,142).

Roland Kasper, President and CEO, comments:

"The quarter shows organic growth of 5.4 percent. All regions except Eastern Europe grew during the quarter. Systemair's third quarter, covering the November–January period, is normally the seasonally weakest. This year's Christmas and New Year holidays brought fewer working days than usual in many of our factories and markets as a result of longer continuous holidays. Against that background, we are pleased to report an adjusted operating margin of 7.0 percent and a robust gross margin. Our consistent drive for continued organic growth and improved profitability is paying off."

Press and analyst meeting will be organised at 09:00 CET on March 6, 2025. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO.

To participate in the webcast:

If you would like to participate in the webcast, please register via the link below.

There will be an opportunity to ask questions at any time during the presentation by submitting a written question via webcast.
Q3 Report 2024/2025

If you wish to participate via teleconference, please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference in the end of the presentation.
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