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Systemair Q2 report: First impression - Redeye

Redeye is encouraged to see Systemair beating our expectations on most accounts. Solid growth and improving profitability despite challenges like component shortages and rising input prices. Market outlook and demand seems robust across most regions. Systemair is reporting a strong order intake and high order backlog. We will probably make some adjustments to our financial forecasts, although this positive trend is to some extent already reflected in our base case scenario.

Redeye is encouraged to see Systemair beating our expectations on most accounts. Solid growth and improving profitability despite challenges like component shortages and rising input prices. Market outlook and demand seems robust across most regions. Systemair is reporting a strong order intake and high order backlog. We will probably make some adjustments to our financial forecasts, although this positive trend is to some extent already reflected in our base case scenario.
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