Systemair AB (FRA:52SA)
€ 7.28 -0.070 (-0.95%) Market Cap: 1.50 Bil Enterprise Value: 1.75 Bil PE Ratio: 22.30 PB Ratio: 2.77 GF Score: 84/100

Q2 2025 Systemair AB Earnings Call Transcript

Dec 4, 2024 / 08:00 AM GMT
Release Date Price: €7.85 (-0.63%)

Key Points

Positve
  • Systemair AB (FRA:52SA) reported a strong gross margin of 37.3%, up from 33.9% in the previous year, indicating improved profitability.
  • The company achieved a record high operating profit of 347 million SEK, with an operating profit margin of 11%, up from 10.1% last year.
  • Organic growth was positive at 2.6%, with significant contributions from regions like North America, Eastern Europe, and the Middle East.
  • The company successfully completed several strategic investments and expansions, including new facilities in Lithuania and Germany.
  • Systemair AB (FRA:52SA) has a robust M&A pipeline, indicating potential for future growth through acquisitions.
Negative
  • Net sales for the quarter decreased by 1.3% compared to the previous year, impacted by a negative currency effect of 4.3%.
  • Western Europe experienced a decline in organic sales by 4.5%, with the German market showing no clear signs of recovery.
  • The company's profitability outside Europe was lower, with challenges in the Turkish market affecting overall margins.
  • Working capital increased, leading to a decrease in cash flow by 15.6 million SEK.
  • The company had to cut 60 employees in South Africa as part of a strategic repositioning, indicating challenges in that market.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SYSR.ST - Systemair AB
Q2 2025 Systemair AB Earnings Call
Dec 04, 2024 / 08:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning, everyone and very welcome to the presentation of system our second quarter report for the year 2,425. We will start off with a rather short presentation of our second quarter in our 50th business year and then we will open up for questions. The presentation you find available on our start page of our investor relations website.

I will now hand over to Roland to start off the presentation.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you very much and good morning. My name is Roland KASPER. I'm the CEO I'm really happy to present our quarter two report for our year
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot