Brief: Systemair AB - Q1 Operating Profit Totalled Sek 182 Million

Systemair AB

26/08/2020 12:03

Aug 26 (Reuters) - Systemair AB  SYSR.ST :
    * REG-SYSTEMAIR AB INTERIM REPORT Q1 2020/21
    * SYSTEMAIR AB - Q1 NET SALES DECREASED 6.8 PERCENT, TO SEK 2,100 MILLION (2,254).
    * SYSTEMAIR AB - Q1 OPERATING PROFIT (EBIT) TOTALLED SEK 182 MILLION (173)
    * SYSTEMAIR AB - WITH ONSET OF COVID-19 PANDEMIC, QUARTER STARTED WEAKLY IN MAY, BUT JUNE
AND JULY
SHOWED SIGNS OF RECOVERY WITH GOOD SALES IN BOTH.
    * SYSTEMAIR AB - OVERALL, SALES DEVELOPMENT DURING QUARTER WAS BETTER THAN EXPECTED
    * SYSTEMAIR AB - ALL OF THE GROUP'S FACTORIES ARE OPERATING TODAY, AND AT THIS POINT WE ARE
SEEING
A CAUTIOUS RESUMPTION OF MORE NORMAL ACTIVITY IN MOST MARKETS

Source text for Eikon:  ID:nGNEc3mvDq 
Further company coverage:  SYSR.ST 

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