Slide 1: Q1 report 2026/27
2026/27 We create better air. Q1 report Every day. Robert Larsson and Anders Ulff Worldwide.
Slide 2: Agenda
Agenda 01 Systemair in brief 02 First quarter summary 03 Q1 Financials 04 Projects and product launches 05 Q&A Systemair Q1 | 2026/27 2
Slide 3: Systemair in brief
Systemair in brief 1974 51 Established in Number of countries with Skinnskatteberg, own sales companies Operating from the core values of simplicity and Sweden, today HQ reliability, our business concept is to develop, 19 manufacture and market energy -efficient, high -quality ~1,300 Countries venti
Slide 4: Strategic update Q1
Events & Updates Strategic update Q1 → Acquisition of Temspec , Inc. a Canadian manufacturer of decentralized HVAC equipment for multi -storey buildings and school • Organic growth of 6 % applications • Strong development in North → 5.4 MEUR Data centre order in America and Eastern Europe Finland •
Slide 5: Markets
Markets We have a global and diversified customer 15% 15% base. This provides us with a solid foundation 13% for profitable growth and high resilience. 13% 44% ⬤ ⬤ ⬤ ⬤ ⬤ 15% 44% 13% 13% 15% Nordics Western Europe Eastern Europe North America Other markets (14) (46) & the CIS (12) (15) (13) Systemair
Slide 6: Net sales
Net sales 3281 25 3111 3094 20 15 +6 % 10 Organic 5 Growth 0 Q1 21/22 Q1 22/23 Q1 23/24 Q1 24/25 Q1 25/26 Q1 26/27 -5 +6 % Growth Q1 Q1 Q1 2024/25 2025/26 2026/27 Organic quarterly growth Organic growth R12 Systemair Q1 | 2026/27 6
Slide 7: Growth analyze Q1
Growth analyze Q1 Organic Total growth +6% • Organic growth in all regions 8 7 Acquisitions • Effect from the acquisitions of Nadi in 6 India during the quarter 5 4 Currency • Main effects from strengthened SEK 3 against TRY, CAD and INR 2 1 0 Organic Aquisitions Currency +6% +1% -1% Systemair Q1 |
Slide 8: Geographic breakdown Q1
Geographic breakdown Q1 Nordic region • Sales in all markets within the region showed good 2026/27 Change in of which May – Jul development during the quarter, with SE at the forefront. sales Organic 3 mths Western Europe • IT, GR and IE, among others, showed good growth during Nordic region 480 10%
Slide 9: Adjusted operating profit Q1
Adjusted operating profit Q1 • The gross margin amounted to 36.5 percent (36.4). 324 • The operating profit for the first quarter amounted to SEK 311 million (268). The operating margin amounted to 9.5 percent (8.7). The operating profit includes one -off items of 305 SEK -13. • Adjusted operating p
Slide 10: Profit after tax Q1
Profit after tax Q1 • Net financial items for the first quarter amounted to SEK -5 million ( -3). 229 • Currency effects on long term receivables, loans and bank balances amounted to a net of SEK +7 210 million (+12). • Interest expenses for the quarter amounted to 193 SEK -9 million ( -12). • The t
Slide 11: Cash flow analysis Q1
Cash flow analysis Q1 Q1 2026/27 Q1 2025/26 1 200 Cash flow from operating activities 345 310 1 000 Change in working capital -162 -92 800 658 600 Net investments, excl acqusitions -114 -110 400 Free cash flow 69 108 200 Net debt 1,101 831 0 Q4 21/22 Q4 22/23 Q4 23/24 Q4 24/25 Q4 25/26 -200 • Change
Slide 12: Positive Momentum in Renewable Energy and Work-place Safety
Sustainability highlights Positive Momentum in Renewable Energy and Prioritised targets Target Work -place Safety -11 % -42 % (2030/31) • Record first quarter for solar power generation, Scope 1 & 2 emissions with our installed capacity producing 1.4 million kWh of renewable electricity. -6 % • Impr
Slide 13: Temspec Acquisition Strengthens North American Growth Platform
Temspec Acquisition Strengthens North American Growth Platform • In July 2026, acquired Canadian Temspec Inc., founded in 1971. • Leading manufacturer of decentralized ventilation solutions for multi -family residential buildings and schools. • Strong focus on energy efficiency and low -noise perfor
Slide 14: Geniox – Air Handling Unit with Integrated heat pump
Geniox – Air Handling Unit with Integrated heat pump Future -proof design - F-gas compliant (Max 150 GWP) - PFAS -free (REACH regulation) - Natural refrigerant R290 - GWP 0.02/Low CO2 impact Cost efficient - Up to 40% lower operating costs - Up to 60% lower energy use Systemair Q1 | 2026/27 14
Slide 15: CEER – Saudi Arabia's First Electric Vehicle Manufacturing Project
CEER – Saudi Arabia’s First Electric Vehicle Manufacturing and Automotive Industrialization Project • CEER will design, manufacture, and sell a range of electric vehicles for consumers in Saudi Arabia and the MENA region. • Production capacity of more than 240,000 vehicles/year. • Vehicles will be t
Slide 16: Data centre cooling order worth SEK 60 million
Data centre cooling order worth SEK 60 million • The order comprises Geniox Tera Fanwall units to a new data centre in Finland. • Production will take place in our Turkish facility. • Deliveries are scheduled to commence at the beginning of 2027. Systemair Q1 | 2026/27 16
Slide 17: Q&A
| Gsystemair Sagicofim } FAIED meneroe / We- 4 id & systemair
Slide 18: Thank you!
Thank you! We create better air. Every day. Worldwide. 18