Systemair: Favorable Tailwinds

Research Update

2023-03-13

07:02

Redeye is again raising its forecasts following Systemair’s upbeat Q3 report and a positive outlook. Q3 numbers beat our estimates across the board and according to the report, order intake and backlog remain firm. Near-term we expect to see continued strong growth driven by robust demand and tailwinds from further price increases and positive Fx effects.

HA

Henrik Alveskog

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