INTERIM REPORT Q2 1 May 2007 - 31 October 2007
May - October 2007
· Net sales increased by 14% to SEK 1,527 million (1,336).
· Operating profit (EBIT) rose by 20% to SEK 215 million (180). The operating
margin was 14%
(13). Costs associated with the Company's stock market listing, affecting the
operating profit,
amounted to SEK 6 million.
· Profit after tax amounted to SEK 135 million (164).
· Earnings per share before and after dilution totalled SEK 2.57 (3.17).
Comments to the 6 month period May - October 2007 by Gerald Engström, CEO
· Growth still strong in Eastern Europe & CIS.
· Koolclima, a Spanish manufacturer of ventilation products, was acquired in
June.
· Stove-maker Camina of Motala was sold in August.
· Systemair Software was established in India
· Systemair shares were admitted to Mid Cap list of the OMX Nordic Exchange in
Stockholm on
12 October. The share was oversubscribed nine times.
