Slide 1: Q3 report 2024/25
2024/25 Q3 report Webcast March 6th Roland Kasper, CEO Anders Ulff, CFO 1
Slide 2: Agenda
Agenda 01 Systemair in brief 02 Third quarter summary 03 Q3 Financials 04 Sustainability highlights 05 Project highlights 06 Q&A 2
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. 1,10
Slide 4: Strategic update Q3
Public Affairs → In March Systemair is Strategic update Q3 participating on the ISH fair in Frankfurt, Germany. ISH is a leading international fair with → Organic growth in all regions more than 150,000 visitors except one → In December Systemair NA → India expansion by 19,000 m2 finalized its full
Slide 5: Markets
Markets 16% 17% 12% We have a global and diversified customer base. This provides us with a solid foundation for profitable growth 12% 43% and high resilience. 17 % 43 % 12 % 12 % 16 % Nordic region Western Europe Eastern Europe North America Other markets (17) (45) & the CIS (12) (12) (14) 5 System
Slide 6: Net sales
Net sales 25,0 +5.4 % 3043 3042 2827 20,0 Organic 15,0 Growth 10,0 5,0 0,0 Q3 20/21 Q3 21/22 Q3 22/23 Q3 23/24 Q3 24/25 -5,0 -10,0 +7.6 % Growth Q3 Q3 Q3 Organic quarterly growth 2022/2023 2023/2024 2024/2025 Organic growth R12 6 Systemair Q3 | 2024/25
Slide 7: Growth analyze Q3
Growth analyze Q3 Total growth +7.6% Organic 8,0 Organic growth in all regions except for 7,0 Eastern Europe. 6,0 Acquisitions 5,0 4,0 Small effect from the acquisition of 3,0 Phem Engineering in Malaysia. 2,0 Currency 1,0 0,0 Currency conversion added 1,6% of Organic Aquisitions Currency the growth
Slide 8: Geographic breakdown Q3
Geographic breakdown Q3 Nordic region 2024/25 Change in of which The NO market developed negatively during the Nov – Jan quarter, while DK, FI and to some extent also SE sales Organic 3 mths increased. Western Europe Nordic region 573.5 7.2% 7.1% IT, CH and NL showed growth during the quarter, while
Slide 9: Adjusted Operating profit Q3
Adjusted Operating profit Q3 274 The gross margin amounted to 35.3 percent (33.9). The adjusted operating profit for the third 213 198 quarter amounted to SEK 213.2 million (198.0). The adjusted operating margin amounted to 7.0 percent (7.0). 131 The adjustments included goodwill impairment losses o
Slide 10: Profit after tax Q3
Profit after tax Q3 170 Net financial items for the second quarter 135 amounted to SEK -17.3 million (-62.3). 95 Currency effects on long term receivables, loans and bank balances amounted to a net of SEK -3.2 million (-44.7). Interest expenses for the quarter amounted to SEK -15.8 million (-20.8).
Slide 11: Cash flow analysis Q3
Cash flow analysis Q3 Q3 2024/25 Q3 2023/24 Cash flow from 240.5 59.2 operating activities Change in working capital -34.2 343.7 Net investments, excl -151.7 -21.7 acquisitions Free cash flow 54.6 381.2 Net debt 981.5 1,079.3 Changes in working capital mainly due to increased inventory SEK +55 milli
Slide 12: Sustainability highlights
Sustainability Emissions intensity Scopes 1 & 2 (Ton CO2e/SEK m. COGS) highlights 4 Investments in our facilities, for energy 3.15 3.19 efficiency and solar panels have reduced 2.95 3 our scope 1 and 2 emissions. During the 2.32 past year absolute emissions have gone 2.12 2.00 down 10 percent. Since
Slide 13: Reduced emissions through efficiency measures and solar panels
Reduced emissions through efficiency measures and solar panels Investments in our manufacturing facilities have led to lower energy use and more renewable energy. Compared to last Q3 our absolute emissions in scopes 1 & 2 have reduced 10 percent. Installation of solar panels, latest in Lithuania and
Slide 14: Systemair supplies to one of the largest multipurpose arenas in Italy
Systemair supplies to one of the largest multipurpose arenas in Italy Arena Santa Giulia, the most modern sports and live entertainment arena in Italy will play host to the city’s 2026 Winter Olympics and will then be used for large concerts and festivals. The arena was built, following a plan to mi
Slide 15: Commitment to Eco-Friendly Innovation transition
Topvex FR | High energy efficiency and smart design Commitment to Eco- Friendly Innovation → Topvex FR - a compact, versatile solution with dual rotary heat transition exchangers. Ideal for offices, schools, shops, and small → Systemair is integrating A2L commercial buildings. refrigerants into its
Slide 16: Q&A
Q&A SYSTEMAIR.COM 16