US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Systemair finalizes the purchase of the final 10 percent of the shares in Systemair HSK Türkiye

PRESS RELEASE, 17 JANUARI 2025  Systemair’s (NASDAQ OMX Stockholm: SYSR) acquisition of the remaining 10 percent of the shares in Systemair HSK Türkiye has been approved by the Turkish competition authorities.    In December 2024 Systemair AB (NASDAQ OMX Stockholm: SYSR) announced its purchase of the final 10 percent of shares in Systemair HSK Türkiye. Following the approval from the Turkish competition authorities, the acquisition has now been completed. As of now, Systemair AB holds 100 percent of the shares in Systemair HSK Türkiye.   For further information contact:

Systemair acquires the final 10 percent of the shares in Systemair HSK Türkiye

PRESS RELEASE, 12 DECEMBER 2024 Systemair (NASDAQ OMX Stockholm: SYSR) acquires the remaining 10 percent of the shares in Systemair HSK Türkiye from the founding family Eroğlu. In August 2012, Systemair AB (NASDAQ OMX Stockholm: SYSR) acquired 70 percent of the shares in the Turkish company HSK and in December the same year another 20% of the shares were acquired. The agreement included an option to acquire the minority shareholding at a later date. The company has developed very well since the acquisition and sales have grown to about EUR 55 million with about 350 employees. The

Systemair AB Interim Report Q2 2024/25

PRESS RELEASE, 4 DECEMBER 2024 Second quarter, August–October 2024 · Organic growth was +2.6 percent (+5.1). · Net sales decreased 1.3 percent to SEK 3,146 million (3,186), of which the currency impact amounted to -4.3 percent. · Operating profit (EBIT) totalled SEK 347 million (322). The Group’s operating margin was 11.0 percent (10.1). · Profit after tax amounted to SEK 236 million (246). · Earnings per share (basic) were SEK 1.14 (1.18). · Cash flow from operating activities totalled SEK +404 million (+433).   First half-year, May–October 2024 · Organic

Invitation to the presentation of Systemair's second quarter 2024/25

PRESS RELEASE, 27 NOVEMBER 2024 Systemair ABs (NASDAQ OMX Stockholm: SYSR) Interim Report Q2 for the financial year 2024/25 will be published at 07:00 CEST on December 4, 2024.   Press and analyst meeting will be organised at 09:00 CET on December 4, 2024. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO. To participate in the webcast: If you would like to participate in the webcast, please register via the link below. There will be an opportunity to ask questions at any time during the presentation bysubmitting a written question via webcast.

Announcement from Systemair AB (publ) Annual General Meeting 2024

PRESS RELEASE, 30 AUGUST 2024 Systemair (NASDAQ OMX Stockholm: SYSR) held its Annual General Meeting on August 29, 2024 in the Systemair Expo in Skinnskatteberg, Sweden. At the meeting, 164 voting shareholders were present, alternatively submitted valid postal votes, which corresponds to 91,45 % of the total number of votes and shares in the company. The Meeting voted in favour of the Board’s and the Nomination committee’s proposal in all suggestions. The main content of the most important decisions was:   Dividend and discharge from liability The Annual General Meeting (the “

Systemair AB Interim Report Q1 2024/25

PRESS RELEASE, 29 AUGUST 2024 First quarter May – July 2024 · Net sales decreased 2.0 percent to SEK 3,111 million (3,175). · Organic growth was -0.3 percent (+10.7). · Operating profit (EBIT) totalled SEK 305 million (335). The Group’s operating margin was 9.8 percent (10.5). · Profit after tax amounted to SEK 210 million (242). · Cash flow from operating activities totalled SEK +188 million (+307). · Earnings per share (basic) were SEK 1.01 (1.17).   Roland Kasper, President and CEO, comments: "We achieve a gross margin of 36.0 percent and an operating

Systemair's Interim Report for the first quarter will be presented on August 29

PRESS RELEASE, 22 AUGUST 2024 Systemair ABs (NASDAQ OMX Stockholm: SYSR) Interim Report Q1 for the financial year 2024/25 will be published at 12:30 CEST on August 29, 2024. Press and analyst meeting will be organised at 13:30 CEST on August 29, 2024. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO. To participate in the webcast: If you would like to participate in the webcast, please register via the link below. After registration, you will receive a link to confirm your email. There will be an opportunity to ask questions at any time during the

Systemair Annual and Sustainability Report 2023/24

Press release, 7 August 2024 Systemair AB (NASDAQ OMX Stockholm: SYSR) has today published its Annual and Sustainability Report for 2023/24. The report is published on group.systemair.com, in both Swedish and English versions. This year's annual report mentions, among other things, plans for continued development through both organic growth and strategic acquisitions. It also describes how we have worked to expand and optimise production and how we will maintain our high level of service. A printed version, an Annual Overview will be distributed shortly to those who have registered

Invitation to attend Systemair AB (publ)’s Annual General Meeting

PRESS RELEASE, 25 JULY 2024  Shareholders in Systemair AB (publ), reg. no. 556160-4108 (“Systemair” or the “Company”) are hereby invited to attend the Company’s Annual General Meeting (the “AGM”) at 3.00 p.m. on Thursday 29 August 2024 in the Lecture Hall (Aulan) at Systemair Expo, Skinnskatteberg, Sweden. Registration at the AGM will open at 2.00 p.m. Coffee and sandwiches will be served. For those wishing to participate, there will be a tour of the Technology Centre and Systemair Expo prior to the AGM. Those wishing to participate should assemble at 1.00 p.m. at Systemair’s Expo,

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. ·

Systemair's Interim Report for the fourth quarter will be presented on June 4

PRESS RELEASE, 28 MAJ 2024 Systemair ABs (NASDAQ OMX Stockholm: SYSR) Interim Report Q4 for the financial year 2023/24 will be published at 07:00 CET on June 4, 2024.   Press and analyst meeting will be organised at 09:00 CET on June 4, 2024. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO. To participate in the webcast: If you would like to participate in the webcast, please register via the link below. After registration, you will receive a link to confirm your email. There will be an opportunity to ask questions at any time during the

Systemair acquires PHEM Engineering in Malaysia

PRESS RELEASE, 8 MAJ 2024 Systemair ABs (NASDAQ OMX Stockholm: SYSR) has acquired the air handling unit manufacturer PHEM Engineering SDN. BHD. in Malaysia. PHEM Engineering is a manufacturer of air handling units and fans for commercial applications with sales in South East Asia and Australia. Its headquarters and production facility are located in Kuala Lumpur, Malaysia. The company employs approximately 40 people and for the last financial year, ending in March 2024, had a turnover of the equivalent of SEK 47 million. Systemair already has a business in Malaysia that employs

Systemair AB Interim Report Q3 2024

PRESS RELEASE, 5 MARCH 2024 Third quarter, November 2023 – January 2024 · Net sales decreased 7.1 percent, to SEK 2,827 million (3,043). · Organic growth was +0.1 percent (+22.2). · Adjusted operating profit totalled SEK 198 million (277). The Group’s adjusted operating margin was 7.0 percent (9.1).  · Operating profit (EBIT) totalled SEK 73 million (277). The operating margin was 2.6 percent (9.1). The operating profit takes account of restructuring costs totalling SEK 125 million for relocating Menerga's production to Slovenia. · A loss of SEK -24 million after tax was

Systemair's Interim Report for the third quarter will be presented on March 5

PRESS RELEASE, 27 FEBRUARY 2024 Systemair ABs (NASDAQ OMX Stockholm: SYSR) Interim Report Q3 for the financial year 2023/24 will be published at 07:00 CET on March 5, 2024. Press and analyst meeting will be organised at 09:00 CET on March 5, 2024. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO. To participate in the webcast: If you would like to participate in the webcast, please register via the link below.After registration, you will receive a link to confirm your email.There will be an opportunity to ask questions at any time during the

Systemair Nomination Committee

Press Release 21 February 2024 At the annual general meeting on 31 August 2023, it was resolved that the nomination committee shall consist of representatives of three of the largest shareholders or owner groups in terms of votes, according to Euroclear Sweden AB's printout of the share register as of 31 January 2024.   It is hereby announced that after consultation between the company's three largest shareholders, ebm-papst AB has chosen to relinquish their seat on the nomination committee. The fourth largest shareholder Alecta has therefore been contacted. The nomination

Correction: Systemair changes Group management

Pressmeddelande 5 February 2024 Systemair AB (NASDAQ OMX Stockholm: SYSR) changes Group management.    Systemair continues its expansion phase with a focus on profitability and increased growth. From 5 February, Ulrika Hellman becomes the new Vice President M&A with responsibility for acquisitions, company integration and business development and a member of Systemair's Group Management. Ulrika replaces Janni Weber who left in 2023.   Ulrika comes from ASSA Abloy Global Solutions as Head of M&A and Business Development and has previously worked at AddLife, Sandvik Materials

Systemair changes Group management

Pressmeddelande 5 February 2024 Systemair AB (NASDAQ OMX Stockholm: SYSR) changes Group management.    Systemair continues its expansion phase with a focus on profitability and increased growth. From 5 February, Ulrika Hellman becomes the new Vice President M&A with responsibility for acquisitions, company integration and business development and a member of Systemair's Group Management. Ulrika replaces Janni Weber who left in 2023.   Ulrika comes from ASSA Abloy Global Solutions as Head of M&A and Business Development and has previously worked at AddLife, Sandvik Materials

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.

Systemair's Interim Report for the second quarter will be presented on December 7

Press Release, 30 November 2023 Systemair ABs (NASDAQ OMX Stockholm: SYSR) Interim Report Q2 for the financial year 2023/24 will be published at 08:00 CET on December 7, 2023.   Press and analyst meeting will be organised at 09:00 CET on December 7, 2023. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO.   To participate in the webcast: If you would like to participate in the webcast, please register via the link below. After registration, you will receive a link to confirm your email. There will be an opportunity to ask questions at any time

Systemair discontinues Menerga’s production in Germany

Press release, 8 November 2023 Systemair has decided to discontinue the production of the Menerga products in Muelheim an der Ruhr, Germany, in 2024. The factory currently manufactures highly efficient ventilation units for swimming pools, waterparks, and low energy buildings.   The production in Muelheim an der Ruhr will be discontinued and in parallel production of Menerga products, in Systemair's existing plant in Slovenia, will be ramped up. The process is expected to be completed in 2024. Resources for product development, sales, and support will remain in Muelheim an der Ruhr.

Systemair links loans to sustainability goals - achieved goals lead to lower interest costs

Press release, 2 October, 2023  Systemair strengthens its sustainability work by linking its existing revolving credit facilities of SEK 1.4 billion to the sustainability goals. The credits are intended for the company's general long-term financing needs and acquisitions.   The terms of the credit facilities are linked to four of the company's long-term sustainability goals and the interest cost is adjusted depending on the outcome, which during the past year has been positive for all areas and would lead to somewhat lower interest costs. For the financial year 2023/24, part of the

Announcement from Systemair AB (publ) Annual General Meeting 2023

Press release, 1 September 2023 Systemair (NASDAQ OMX Stockholm: SYSR) held its Annual General Meeting on August 31, 2023 in the Systemair Expo in Skinnskatteberg, Sweden. At the meeting, 136 voting shareholders were present, alternatively submitted valid postal votes, which corresponds to 86,41 % of the total number of votes and shares. The Meeting voted in favour of the Board’s and the Nomination committee’s proposal in all suggestions. The main content of the most important decisions was:   Adoption of income statement and balance sheet, dividend and discharge from liability

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.

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe