Systemair AB (STU:52SA)
€ 7.45 -0.10 (-1.32%) Market Cap: 1.54 Bil Enterprise Value: 1.79 Bil PE Ratio: 22.51 PB Ratio: 2.79 GF Score: 83/100

Q3 2026 Systemair AB Earnings Call Transcript

Mar 5, 2026 / 08:00 AM GMT
Release Date Price: €7.02 (-7.02%)

Key Points

Positve
  • Systemair AB (STU:52SA) reported a positive organic growth of 1% for the quarter, marking the sixth consecutive quarter of organic growth.
  • The company successfully completed its largest ever IT project, enhancing operational efficiency.
  • Gross margin improved to 36.3% from 35.3% in the same quarter last year, driven by restructuring and cost reductions.
  • Systemair AB (STU:52SA) has a strong balance sheet with a net debt to EBITDA ratio of 0.52, enabling further strategic M&A and investments.
  • The acquisition of Nadi in India contributed positively to net sales, adding 1.8% to the quarter's results.
Negative
  • Total net sales declined by 5.9% compared to the previous year, impacted by negative currency conversion effects.
  • The Nordic region experienced a negative organic sales development of 10.5%, particularly in Norway and Denmark.
  • The Middle East, Asia, Australia, and Africa regions saw an organic decline in sales of 6.5%, with challenges in the Turkish market.
  • The tax rate for the quarter was high at 30.7%, influenced by changes in Turkish tax legislation.
  • January started slower than the previous year, affecting the overall performance of the quarter.


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

SYSR.ST - Systemair AB
Q3 2026 Systemair AB Earnings Call
Mar 05, 2026 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to Systemma Q3 2024 2025 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers, session participants are able to ask questions by dialing pound 5 on their telephone keypad. Now I will hand the conference over to the President and CEO Robert Larson and CFO Anders Olff. Please go ahead.

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Unidentified_2 [2]
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Thank you very much and good morning everybody, and you are all most welcome to the presentation of our 3rd quarter results, which is covering the period from November until
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