Brief: Systemair Sees Q4 EBIT Rising To SEK 173 Million

Systemair AB

28/05/2021 07:02

May 28 (Reuters) - Systemair AB  SYSR.ST :
    * REG-SYSTEMAIR’S SALES AND PROFIT FOR THE FOURTH QUARTER IS
EXPECTED TO EXCEED MARKET EXPECTATIONS
    * SYSTEMAIR IS EXPECTED TO REPORT SALES AND PROFIT FOR Q4
ABOVE
MARKET EXPECTATIONS AND PREVIOUS YEAR'S OUTCOME
    * NET SALES ARE EXPECTED TO AMOUNT TO SEK 2,208 MILLION
(2,031)
AND ORGANIC GROWTH TO 17.1 PERCENT
    * ADJUSTED OPERATING PROFIT FOR Q4 IS EXPECTED TO AMOUNT TO
SEK
209 MILLION (94)
    * OPERATING PROFIT (EBIT) IS EXPECTED AT SEK 173 MILLION
(56)
WHEREOF IMPAIRMENT OF GOODWILL PRELIMINARY AMOUNTS TO SEK -36
MILLION (-38)
    * ADJUSTED EBIT MARGIN IS EXPECTED AT 9.4 PERCENT (4.6)
    * ABOVE FIGURES ARE PRELIMINARY AND NOT VERIFIED BY GROUP'S
AUDITOR

Source text for Eikon:  ID:nGNE2JhtwQ 
Further company coverage:  SYSR.ST 

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