Systemair plans to discontinue operations at its production facility in the Netherlands
The move affects 70 employees and aims for efficiency. A one-time charge of 115 MSEK is expected, with annual savings of 35 MSEK upon completion by early 2027.
See the latest news and media coverage for Systemair. We track all announcements, press releases, and industry mentions in real time, all in one place.
Manufacturer of ventilation and HVAC equipment
systemair.comLast updated
In short: Systemair reported strong Q1 growth, won a Finnish data center order, and acquired Canada's Temspec.
The move affects 70 employees and aims for efficiency. A one-time charge of 115 MSEK is expected, with annual savings of 35 MSEK upon completion by early 2027.
Net sales reached SEK 3.28 billion with strong regional expansion and an acquisition in Canada.
The report shows revenue of SEK 12.5 billion and profitable growth despite geopolitical challenges. The CEO sees good opportunities to gain market shares in Europe and in other markets.
The report emphasizes the company's entrepreneurial spirit and broad product portfolio.
Systemair's first quarter showed improvement across multiple financial metrics, with profitability gains outpacing revenue growth. As detailed in the presentation's financial overview, the company achieved...
The ventilation company Systemair reports increased profitability for the past quarter and has simultaneously raised its prices. The company's stock initially rose after the report but then fell back.
The share rose by 1.98% after the publication.
Climate solutions company Systemair presents a new acquisition, Canadian Temspec, to strengthen its position in the North American market.
Track Systemair and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Systemair and other trending companies.