Systemair AB

FRA:52SA (Sweden)   Ordinary Shares
€ 6.14 (-1.29%) Apr 25
13.96
P/B:
2.83
Market Cap:
€ 1.30B ($ 1.40B)
Enterprise V:
€ 1.40B ($ 1.50B)
Volume:
-
Avg Vol (2M):
119.00
Also Trade In:

Business Description

Description
Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy efficient fans. The company also markets products under their Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtain and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. Systemair generates the majority of its revenue from Western Europe.