Systemair AB Interim Report Q2 2023/24
Press Release, December 7, 2023
Second quarter August–October 2023
· Net sales increased by 4.9 percent to SEK 3,186 million (3,037) despite the former divestment of the air conditioning business, which reported sales of SEK 166.5 million in the corresponding period last year. · Organic growth was +5.1 percent (+14.8). · Operating profit (EBIT) totalled SEK 322 million (120). · The operating margin was 10.1 percent (3.9). The operating profit for the preceding year included, among other items, an impairment charge totalling SEK -168 million in the Russian business.