Latest news with #RolandKasper
Yahoo
4 days ago
- Business
- Yahoo
Systemair AB, Year-end report 1 May 2024
SKINNSKATTEBERG, Sweden, June 5, 2025 /PRNewswire/ -- Fourth quarter February – April 2025 Organic growth was +0.5 percent (+1.0). Net sales decreased by 2.2 percent to SEK 3,002 million (3,069), of which the currency effect amounted to -3.0 percent. Adjusted operating profit (EBIT) totalled SEK 260 million (209). The Group's adjusted operating margin was 8.7 percent (6.8). Operating profit (EBIT) totalled SEK 246 million (233). The Group's operating margin was 8.2 percent (7.6). Profit after tax amounted to SEK 105 million (190). Earnings per share (basic) were SEK 0.50 (0.88). Cash flow from operating activities totalled SEK +381 million (+191). 12 months May 2024–April 2025 Organic growth was +2.0 percent (+4.1). Net sales increased by 0.4 percent to SEK 12,301 million (12,257), of which the currency effect amounted to -2.0 percent. Adjusted operating profit totalled SEK 1,125 million (1,085). The Group's adjusted operating margin was 9.1 percent (8.8). Operating profit (EBIT) totalled SEK 1,100 million (963). The Group's operating margin was 8.9 percent (7.9). Profit after tax amounted to SEK 686 million (654). Earnings per share totalled SEK 3.27 (3.10). Cash flow from operating activities totalled SEK +1,080 million (+1,333). The Board of Directors proposes a dividend of SEK 1.35 (1.20) per share. Roland Kasper, President and CEO, comments: "In our fourth quarter, organic growth was 0.5 percent. Given the current economic and geopolitical uncertainties, we are pleased to be able to report organic growth. The trend of the gross margin also remained positive, and the adjusted operating margin firmed up to 8.7 percent (6.8) in the quarter. This improved performance confirms that our focused efforts are bearing fruit. We made several long-term investments in our production capacity and product portfolio during the year and are well equipped for future growth in a more robust market." Press and analyst meeting will be organised at 09:00 CET on June 5, 2025. The report will be presented by Roland Kasper, CEO, and Anders Ulff, participate in the webcast: If you would like to participate in the webcast, please register via the link below. There will be an opportunity to ask questions at any time during the presentation by submitting a written question via webcast. Q4 Report 2024/25 If you wish to participate via teleconference, please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference in the end of the presentation. Call Access Above information is published at Systemair Group After the event the presentation and webcast will be available on our web: Reports and Presentations For further information contact: Roland Kasper, CEO, + 46 73 094 40 13Anders Ulff, CFO, + 46 70 577 40 09 Note: This information is information that Systemair is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 (CEST) on June 5, 2025. Systemair in brief Systemair is a leading ventilation company with operations in 51 countries in Europe, North America, the Middle East, Asia, Australia and Africa. The Company had sales of SEK 12.3 billion in the 2024/25 financial year and today employs approximately 6,700 people. Systemair has reported an operating profit every year since 1974, when the Company was founded. Over the past 10 years, growth has averaged 7.9 percent. Systemair helps improve the indoor climate through energy-efficient products that contribute to reduced carbon dioxide emissions. Systemair has well-established operations in growth markets. The Group's products are marketed under the Systemair, Frico, Fantech and Menerga brands. Systemair shares have been quoted on the Nasdaq OMX Nordic Exchange in Stockholm since October 2007 and are today traded on the Large Cap List. The Group comprises about 90 companies. This information was brought to you by Cision The following files are available for download: Systemair_Interimreport_Q4 Roland Kasper-B0015699-klar Anders Ulff-B0015678-klar View original content: Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Systemair's Interim Report for the fourth quarter will be presented on June 5
SKINNSKATTEBERG, Sweden, May 28, 2025 /PRNewswire/ -- Systemair ABs (NASDAQ OMX Stockholm: SYSR) Interim Report Q4 for the financial year 2024/25 will be published at 07:00 CET on June 5, 2025. Press and analyst meeting will be organised at 09:00 CET on June 5, 2025. The report will be presented by Roland Kasper, CEO, and Anders Ulff, CFO. To participate in the webcast: If you would like to participate in the webcast, please register via the link below. There will be an opportunity to ask questions at any time during the presentation by submitting a written question via webcast. Q4 Report 2024/25 If you wish to participate via teleconference, please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference in the end of the presentation. Call Access Above information is published at Systemair Group After the event the presentation and webcast will be available on our web: Reports and Presentations For further information contact: Roland Kasper, CEO, + 46 73 094 40 13Anders Ulff, CFO, + 46 70 577 40 09 Systemair in briefSystemair is a leading ventilation company operating in 51 countries in Europe, North America, the Middle East, Asia, Australia and Africa. The company had a turnover of SEK 12.3 billion in the 2023/24 financial year and employs approximately 6,600 employees today. Systemair has reported an operating profit yearly since 1974 when the company was founded. Over the past 10 years, growth has averaged 9.0 percent. Systemair helps improve the indoor climate through energy-efficient products that contribute to reduced carbon dioxide has a well-established business in growth markets. Systemair shares have been quoted on the Nasdaq OMX Nordic Exchange in Stockholm since October 2007 and are today traded on the Large Cap List. The Group comprises about 90 companies. This information was brought to you by Cision The following files are available for download: Pressrelease_Systemair_Q4_2024-25_pre-info Roland Kasper-B0015699-klar Anders Ulff-B0015678-klar View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-03-2025
- Business
- Yahoo
Systemair AB (STU:52SA) Q3 2025 Earnings Call Highlights: Strong Sales Growth Amid Regional ...
Net Sales: SEK3.042 billion, up 7.6% from SEK2.827 billion last year. Organic Growth: 5.4% overall, with growth in all regions except Eastern Europe. Gross Margin: 35.3%, compared to 33.9% in the previous year. Adjusted Operating Profit: SEK213 million, with an operating profit margin of 7.0%. Profit After Tax: SEK135 million, compared to minus SEK24 million last year. Cash Flow: Decreased by SEK34.2 million due to increased working capital. Free Cash Flow: SEK54.6 million, down from SEK381.2 million last year. Net Debt: SEK981 million, compared to SEK1.079 billion last year. Net Debt to EBITDA: 0.62, indicating low leverage. Geographic Sales Breakdown: Nordics: 7.1% organic growth. Western Europe: 3.4% organic growth. Eastern Europe: -9.8% organic decline. North America: 12.8% organic growth. Middle East, Asia, Australia, and Africa: 15.2% organic growth. Warning! GuruFocus has detected 4 Warning Signs with AFLYY. Release Date: March 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Systemair AB (STU:52SA) reported a 7.6% increase in net sales, reaching SEK3.042 billion, with organic growth of 5.4%. The company achieved strong organic growth in regions such as North America, Middle East, Asia, Australia, and Africa. Systemair AB (STU:52SA) reported a robust gross margin of 35.3%, up from 33.9% in the previous year. The company has successfully reduced its emissions in scopes 1 and 2 by 10% compared to the last quarter of the previous year. Systemair AB (STU:52SA) is well-prepared for increased M&A activity, with a low net debt to EBITDA ratio of 0.62, providing ample headroom for strategic investments. Sales in Eastern Europe declined by 9.8%, with significant decreases in Poland, Slovenia, and Estonia. The German market remains challenging, with a decrease in sales, impacting overall performance in Western Europe. The US market is experiencing softness, partly due to an uncertain political climate affecting short-term investments. Selling and administrative expenses increased, including a loss from bad debts of SEK4.8 million. Free cash flow decreased significantly to SEK54.6 million from SEK381.2 million in the previous year, mainly due to increased working capital and high investment levels. Q: Can you provide insights into the sales development in Western Europe, particularly the German market, and the potential impact of the new infrastructure fund? A: Germany is a significant market for us, currently our second or third largest. The market is soft, especially in comfort ventilation, but infrastructure projects are performing well. The new infrastructure fund could boost demand, but such projects typically have long lead times, taking 6 to 12 months from order to delivery. (Roland Kasper, CEO) Q: Regarding the transition to energy-efficient refrigerants in the US, could this lead to price increases in the short term? A: We saw strong business development in North America in December as projects were finalized using older refrigerants. The outlook for new refrigerants is positive, with strong development in Canada. The US market is softer, influenced by political and investment uncertainties. (Roland Kasper, CEO) Q: How are you managing the tariff implications between the US and Canada? A: We have limited interdependence between US and Canada operations. We have pre-stocked products in Canada and can shift production to the US within three months if tariffs impact us. We have sufficient capacity in our US factory to handle this. (Anders Ulff, CFO) Q: Can you update us on the Menerga situation, including order and delivery status from the new site and expected cost savings? A: The ramp-up in Slovenia is progressing better than planned, with production exceeding expectations. We aim for annual savings of SEK70 million, and we are focusing on sales to leverage the new technical platform. (Roland Kasper, CEO) Q: What is your outlook for the Nordic market, given the recent solid organic growth? A: The Nordic market is performing well, with strong growth in Denmark and Finland. Sweden is seeing increased residential activity, while Norway's residential market is slower. Overall, the Nordic markets are healthy, with positive signs for future growth. (Roland Kasper, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
