Systemair AB predicts lower than expected earnings in the fourth quarter 2017/18
Press Release, May 30, 2018 Systemair AB (NASDAQ OMX Stockholm: SYSR) predicts fourth quarter 2017/18 earnings to be lower than market expectations, and estimates that the operating profit declines to SEK 5 million (48). Adjusted for the items affecting comparability stated below, the 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). The operating profit for the fourth quarter have been impacted by several non-recurring items. Systemair have during the year worked on a larger project delivery where the