Systemair (Q1 Initial take): As expected - Redeye

Systemair (Q1 Initial take): As expected - Redeye

Systemair’s Q1 report was in line with our estimates on all major accounts. Organic top-line growth of 6%, firm gross margins and adjusted EBIT margins just below 10%. Systemair’s outlook remains “favourable” with the 10% EBIT margin target “well within reach”. Redeye will most likely only make minor estimate changes following the report.

Länk till analysen i sin helhet: https://www.redeye.se/research/1182447/systemair-q1-initial-take-as-expected?utm_source=finwire&utm_medium=RSS