Systemair AB Interim Report Q1 2020/21
Press Release, August 26, 2020 First quarter, May – July 2020 · Net sales decreased 6.8 percent, to SEK 2,100 million (2,254). · Organic growth was -4.4 percent (4.1). · Operating profit (EBIT) totalled SEK 182 million (173). · The operating margin was 8.7 percent (7.7). · Profit after tax amounted to SEK 82 million (128). · Earnings per share totalled SEK 1.57 (2.44). · Cash flow from operating activities amounted to SEK 177 million (194). Roland Kasper, President and CEO, comments:“With the onset of the Covid-19 pandemic, the quarter started weakly in May,