Slide 1: Systemair 2024/25
2024/25 Systemair June 5th Roland Kasper, CEO Anders Ulff, CFO 1
Slide 2: Agenda
Agenda 01 Systemair in brief 02 Fourth quarter summary 03 Q4 Financials 04 Sustainability highlights 05 Projects and product launches 06 Q&A 2 Systemair Q4 | 2024/25
Slide 3: Systemair in brief
Systemair in brief 1974 51 Number of Operating from the core values of simplicity Established in countries with and reliability, our business concept is to Skinnskatteberg, own sales develop, manufacture and market energy- Sweden, today HQ companies efficient, high-quality ventilation products. ~1,1
Slide 4: Strategic update Q4
Public Affairs Strategic update Q4 → In March Systemair was participating on the ISH fair in Frankfurt, Germany. → Organic growth in all → A successful fair with over European regions 166,000 visitors and Systemair heading several → Inauguration of our new Eurovent seminars. 19.000 m2 state of the a
Slide 5: Markets
Markets 15% 17% 12% We have a global and diversified customer base. This provides us with a 12% solid foundation for profitable growth 44% and high resilience. 17 % 44 % 12 % 12 % 15 % Nordic region Western Europe Eastern Europe North America Other markets (17) (44) & the CIS (12) (12) (15) 5 System
Slide 6: Net sales
Net sales 3129 25,0 +0.5 % 3069 3002 20,0 Organic 15,0 Growth 10,0 5,0 0,0 Q4 20/21 Q4 21/22 Q4 22/23 Q4 23/24 Q4 24/25 -5,0 -10,0 -2.2 % Growth Q4 Q4 Q4 Organic quarterly growth 2022/2023 2023/2024 2024/2025 Organic growth R12 6 Systemair Q4 | 2024/25
Slide 7: Growth analyze Q4
Growth analyze Q4 Total growth -2.2% Organic Organic growth in the Nordic 1,0 region, Western Europe and Eastern Europe. 0,5 0,0 Acquisitions Small effect from the acquisition of -0,5 Phem Engineering in Malaysia. -1,0 Currency -1,5 Strengthened SEK towards several -2,0 currencies. -2,5 Organic Aqui
Slide 8: Geographic breakdown Q4
Geographic breakdown Q4 Nordic region 2024/25 Change in of which The NO market developed slightly negative during Feb - Apr the quarter, while DK, FI and SE increased. sales Organic 3 mths Western Europe Nordic region 540.4 2.1% 4.5% NL, FR and IT showed growth during the quarter, while sales in DE,
Slide 9: Adjusted Operating profit Q4
Adjusted Operating profit Q4 282 The gross margin improved to 36.5 percent 260 (35.1). 230 Adjusted operating profit amounted to SEK 259.7 209 million. The adjusted operating margin amounted to 8.7 percent (6.8). The operating profit included two major customer losses in the Czech Republic and Moroc
Slide 10: Adjusted profit after tax Q4
Adjusted profit after tax Q4 178 164 167 Net financial items for the fourth quarter amounted to SEK -98.9 million (-2.9). 118 Currency effects on long-term receivables, loans and bank balances amounted to a net of SEK -82.3 million (+15.3). Interest expenses for the quarter amounted to SEK -21.4 mil
Slide 11: Cash flow analysis Q4
Cash flow analysis Q4 Q4 2024/25 Q4 2023/24 Cash flow from 291.7 217.5 operating activities Change in working capital 89.2 -26.6 Net investments, excl -140.6 -114.9 acquisitions Free cash flow 240.3 76.0 Net debt 901.0 1,070.2 Changes in working capital, mainly due to decreased operating receivables
Slide 12: Strategy update Sustainability highlights
Strategy update Sustainability highlights 12 Systemair Q3 | 2024/25
Slide 13: Strategic priorities
Strategic priorities → Develop people → Efficient → Strong position → Attractive offer → Sustainable and and strong operational set-up benefiting from based on future-proof relationships with continuous structural growth standardised business improvement platforms 13 Systemair Q3 | 2024/25
Slide 14: We create better air. Everyday. Worldwide.
We create better air. Everyday. Worldwide. → Commercial → Healthcare → Industrial → Education → Residential → Hospitality and entertainment → Infrastructure & transport → Data centre 14 Systemair Q3 | 2024/25
Slide 15: Successful year overall for our sustainability performance
Sustainability highlights Targets Successful year overall 2024/25 for our sustainability -36 % performance Scope 1&2 Emission intensity -32 % Systemair’s emissions and work-related injuries -19 % with sickness absence continue to have a positive Work-related injuries with -15 % trend. Exceeding the
Slide 16: Science-based emission targets approved
Sustainability highlights Science-based emission targets approved Systemair now has emission targets approved by the Science Based Targets initiative (SBTi), a significant milestone in our sustainability work. Science-based targets have been set for near and long-term, covering emissions in scope 1,
Slide 17: Systemair supplies to Event District Car Park in Diriyah, Saudi Arabia
Systemair supplies to Event District Car Park in Diriyah, Saudi Arabia This is the 5th Car park to be awarded for Systemair in the new region of Diriyah called the City of Earth. The car park consists of 4 levels, totaling 160,000 sq.m. and a capacity of around 4,500 cars The project includes the su
Slide 18: Visitors at ISH got an exclusive first look at Topvex with integrated Heat Pump
Visitors at ISH got an exclusive first look at Topvex with integrated Heat Pump → The Topvex HP is a compact, all-in-one air handling unit designed for streamlined installation and operation. Featuring an integrated rotor and heat pump, it maximises energy recovery and climate efficiency—reducing en
Slide 19: Menerga CO2mpass Launched at ISH in March
Menerga CO2mpass Launched at ISH in March → Menerga CO2mpass reduces carbon footprint while delivering top-tier performance. → Menerga’s CO2mpass represents a bold step forward, using the natural refrigerant R-744 (CO2). → Our refrigerant sets the benchmark with a minimal Global Warming Potential (G
Slide 20: Q&A
#> systemair Q&A