Brief: Systemair Q3 Operating Profit Falls To SEK 108 Mln

Systemair AB

11/03/2021 07:06

March 11 (Reuters) - Systemair AB  SYSR.ST :
    * Q3 PROFIT AFTER TAX 71 MILLION SEK
    * Q3 EARNINGS PER SHARE 1.32 SEK
    * Q3 NET SALES DECREASED 6.7 PERCENT, TO SEK 2,004 MILLION
(2,147)
MAINLY DUE TO CURRENCY EFFECTS OF -8.5 PERCENT.
    * Q3 OPERATING PROFIT (EBIT) TOTALLED SEK 108 MILLION (113).
    * HOWEVER, DEMAND REMAINS CAUTIOUS IN SEVERAL MARKETS IN
EUROPE IN
FACE OF REGIONAL RESTRICTIONS, WHEREAS NORTH AMERICAN MARKET
CONTINUES TO PERFORM STRONGLY
    * OUR OPERATING MARGIN IMPROVED RELATIVE TO PRECEDING YEAR
TO 5.4
PERCENT, AS A RESULT OF COSTS BEING ADJUSTED TO PREVAILING
CIRCUMSTANCES

Source text for Eikon:  ID:nGNE6Vx70Y 
Further company coverage:  SYSR.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))