Systemair Q2 2022/23: First comment
Research Note
2022-12-08
10:27
Redeye notes that Systemair continues to perform well with solid top-line growth and stable margins. Demand remains robust and Systemair appears to have good pricing power and is able to off-set the rising costs in input prices. Q2 includes the awaited write down of assets in Russia. Adjusted for this, EBIT was just in line with our forecast. We will probably not make any major changes in our mid- or longer term projections.
HA
Henrik Alveskog
Disclosures and disclaimers