Systemair: Cautiously optimistic outlook

Research Update

2023-12-11

06:20

Redeye remains confident in Systemair’s prospects for continued growth and margin improvement. The second quarter showed 5% organic growth, EBIT margins just over 10% and a strong cash flow. The macroeconomic environment is still uncertain but overall demand remains firm and Systemair is quite optimistic in its market outlook.

HA

Henrik Alveskog

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