Systemair (Q3 Review): Solid performance - Redeye

Systemair’s Q2 report was stronger than anticipated across the board. Organic growth of 8% and further improvement in gross margins supported EBIT margins of almost 12%. Demand is picking up in several regions and key markets and Systemair is particularly pleased to note more positive signals in Continental Europe. We raise our near-term forecasts and valuation somewhat on the back of an upbeat Q2 report.

Länk till analysen i sin helhet: https://www.redeye.se/research/1142916/systemair-q3-review-solid-performance?utm_source=finwire&utm_medium=RSS