Systemair AB Interim Report Q1 2023/24
Press release, 31 August 2023 First quarter, May – July 2023 · Net sales increased by 11.4 percent to SEK 3,175 million (2,849). · Organic growth was +10.7 percent (+14.3). · Operating profit (EBIT) totalled SEK 335 million (270). · The operating margin was 10.5 percent (9.5). · Profit after tax amounted to SEK 242 million (217). · Earnings per share (basic) were SEK 1.17 (1.04). · Cash flow from operating activities amounted to SEK +307 million (-65). Roland Kasper, President and CEO, comments: ”Systemair's financial year began with a strong first quarter.