Systemair AB, Year-end report 1 May 2023 – 30 April 2024
PRESS RELEASE, 4 JUNE 2024 Fourth quarter February – April 2024 · Net sales decreased 1.9 percent to SEK 3,069 million (3,129). · Organic growth was +1.0 percent (+13.0). · Operating profit totalled SEK 233 million (734) and the operating margin was 7.6 percent (23.5). · Adjusted operating profit amounted to SEK 209 million (282) and the adjusted operating margin was 6.8 percent (8.9). The adjustments refer to a credit loss on accounts receivable in Norway of a total of SEK -5.4 million and a positive adjustment for hyperinflation calculation of SEK +29.8 million. ·