Systemair increased operating profit by 16 percent

Continoued good growth and increased operating margin for the ventilation company
Systemair. During the period May – July 2008, for the split fiscal year 2008/2009, net
sales increased by 13 percent to 787 MSEK (694) and the operating profit (EBIT) increased
by 16 percent to 103 MSEK (89).

- The first quarter shows continoued good growth on most markets and improved operating margin, says Gerald Engström, CEO Systemair Group. – We are also pleased that we have started the year with the acquisitions of Emerson Ventilation Products in the US and Megcool in Malaysia. The acquisitions are a base for continoued expansion in Asia and a broadening of the product range in North America.

The complete interim report is available from August 27, at 13.00 on www.systemair.com.