Latest news with #SystemairAB
Business Insider
2 days ago
- Business
- Business Insider
Systemair AB (52SA) Receives a Buy from Kepler Capital
Kepler Capital analyst Anders Jafs maintained a Buy rating on Systemair AB (52SA – Research Report) on June 5 and set a price target of SEK113.00. The company's shares closed last Thursday at €7.94. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Jafs covers the Industrials sector, focusing on stocks such as Sweco AB, AFRY AB Class B, and Alimak Group AB. According to TipRanks, Jafs has an average return of 11.6% and a 64.41% success rate on recommended stocks. Currently, the analyst consensus on Systemair AB is a Moderate Buy with an average price target of €10.18, which is a 28.21% upside from current levels. In a report released on June 5, Jefferies also initiated coverage with a Buy rating on the stock with a SEK110.00 price target. The company has a one-year high of €8.72 and a one-year low of €6.01. Currently, Systemair AB has an average volume of 350.
Business Insider
31-05-2025
- Business
- Business Insider
Systemair AB (52SA) was downgraded to a Hold Rating at Nordea Markets
Systemair AB (52SA – Research Report) received a Hold rating and price target from Nordea Markets analyst today. The company's shares closed yesterday at €8.65. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Systemair AB has an analyst consensus of Moderate Buy, with a price target consensus of €10.25. The company has a one-year high of €8.72 and a one-year low of €6.01. Currently, Systemair AB has an average volume of 500.
Yahoo
07-04-2025
- Business
- Yahoo
Systemair's board of directors has resolved to repurchase own shares
SKINNSKATTEBERG, Sweden, April 7, 2025 /PRNewswire/ -- The board of directors of Systemair AB (publ) ("Systemair") has resolved, pursuant to the authorisation from the annual general meeting on 29 August 2024, to repurchase up to 320,000 own shares on Nasdaq Stockholm. The purpose of the repurchase is to meet the obligations arising from Systemair's share-based and performance-related incentive programme ("LTIP 2024"), i.e., to secure delivery of performance shares to the participants. The repurchase may commence on 7 April 2025 and shall end not later than 25 April 2025, and will be administrated by Svenska Handelsbanken AB (publ) ("SHB"). Based on the trading order given by Systemair, SHB will make its trading decisions independently of Systemair with regard to the timing of the repurchases. The repurchase may comprise a maximum of 320,000 shares on one or several occasions and shall be made on Nasdaq Stockholm in accordance with applicable rules. The repurchase will be made at a price per share within the from time to time registered trading interval. Payment for the shares will be made in cash. Reporting will take place through Nasdaq Stockholm in accordance with applicable rules. The total number of shares in Systemair amounts to 208,000,000. At the time of this press release, Systemair holds no treasury shares. For further information contact: Anders Ulff, CFO, +46 70 577 40 09, Systemair AB (publ) | SE-739 30 Skinnskatteberg, Sweden | +46 222 440 00 | Systemair in brief Systemair 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 emissions. Systemair 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_Repurchase_Shares View original content: Sign in to access your portfolio
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.
