Systemair Q3 net sales fall due to currency impact

Systemair AB

05/03/2026 06:08

Overview

Ventilation group's Q3 net sales fell 5.9%, impacted by currency effects

Organic growth for Q3 was 1%, affected by holiday season

Company's cash flow from operations improved significantly

Outlook

Systemair expresses optimism about future growth conditions

Result Drivers

CURRENCY IMPACT - Net sales declined 5.9% due to negative currency effects from a strengthened krona, impacting results by -8.7%

SEASONALITY - Organic growth was 1.0%, with holiday season contributing to lower activity levels

STRONG CASH FLOW - Cash flow from operating activities improved significantly to SEK 419 mln

Company press release: ID:nWkr8pK9Ww

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
SEK 2.86 bln
SEK 3.03 bln (1 Analyst)
Q3 Net Income
SEK 132 mln
Q3 Adjusted EBIT
SEK 199 mln
Q3 Adjusted EBIT Margin
7.00%
Q3 EBIT
SEK 224 mln
Q3 EBIT Margin
7.80%
Q3 Organic Growth
1.00%


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 SEK100.00, about 24.4% above its March 4 closing price of SEK80.40

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.)