Brief: Systemair Q2 operating profit lags forecast

Systemair AB

07/12/2017 07:00

Dec 7 (Reuters) - Systemair AB  SYSR.ST : 
    * Q2 NET SALES INCREASED BY 5.3 PERCENT TO SEK 1,864 
MILLION 
(1,769). 
    * Q2 OPERATING PROFIT (EBIT) TOTALLED SEK 144 MILLION 
(153). 
    * SAYS MARGINS WERE AFFECTED BY HIGH RAW MATERIAL PRICES 
AND 
LOWER VOLUMES AT SOME OF GROUP'S FACTORIES 
    * SAYS PRICE INCREASES ARE UNDER WAY TO OFFSET RAW MATERIAL 
COSTS, WHILE WE ARE SEEING A MARKET THAT REMAINS STRONG, AND 
MANY ATTRACTIVE PROJECTS 
    * REUTERS POLL:  SYSTEMAIR Q2 EBIT SEEN AT SEK 159 MILLION, 
NET 
SALES AT 1,899 MILLION 
 
Source text for Eikon:  ID:nGNE1thZYG  
Further company coverage:  SYSR.ST  
 
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