Sweden's Systemair Q4 sales beat, proposes to raise dividend

Systemair AB

10/06/2026 06:50

Overview
Sweden ventilation products maker's Q4 sales rose 9.1% yr/yr, beating analyst expectations
Organic growth reached 9.6% in Q4, with adjusted EBIT margin rising to 8.9%
Company proposed raising dividend to SEK 1.45 per share from SEK 1.35

Outlook
Systemair did not provide specific financial guidance for the upcoming quarter or year in press release

Result Drivers
ORGANIC GROWTH - Co reported 9.6% organic growth in Q4, which CEO Robert Larsson described as a sign of strength given the economic environment
MARGIN IMPROVEMENT PROGRAMME - Adjusted operating margin rose to 8.9%, which CEO attributed to the company's targeted improvement programme
EFFICIENCY MEASURES - Co continues to focus on increasing efficiency within the sales organization and providing a strong product offering, per CEO

Company press release: ID:nWkrbXZhyW

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
SEK 3.28 bln
SEK 3.07 bln (3 Analysts)
Q4 Adjusted EBIT
 
SEK 292 mln
 
Q4 Adjusted EBIT Margin
 
8.9%
 
Q4 EBIT
 
SEK 251 mln
 
Q4 EBIT Margin
 
7.7%
 
Q4 Organic Growth
 
9.6%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Systemair AB is SEK93.00, about 24.8% above its June 9 closing price of SEK74.50
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)