Systemair (Q2 Initial take): Solid beat - Redeye
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Systemair (Q2 Initial take): Solid beat - Redeye

Redeye is happy to see Systemair’s Q2 report beating expectations across the board. Organic growth of 8%, improving gross margins and EBIT margins close to 12%, is quite impressive. All regions showed positive organic growth and Systemair is particularly pleased to note more positive signals from markets in Continental Europe. We will most likely make some positive adjustments to our financial forecasts.

Redeye is happy to see Systemair’s Q2 report beating expectations across the board. Organic growth of 8%, improving gross margins and EBIT margins close to 12%, is quite impressive. All regions showed positive organic growth and Systemair is particularly pleased to note more positive signals from markets in Continental Europe. We will most likely make some positive adjustments to our financial forecasts.
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