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Systemair Q3 2022/23: Stronger than expected - Redeye

Redeye’s expectations are again outdone by Systemair’s very strong Q3 performance. 22% organic growth and a solid improvement in margins is quite impressive. Systemair still has a firm order backlog, and their market outlook remains favorable. We will again make some positive adjustments to our forecasts.

Redeye’s expectations are again outdone by Systemair’s very strong Q3 performance. 22% organic growth and a solid improvement in margins is quite impressive. Systemair still has a firm order backlog, and their market outlook remains favorable. We will again make some positive adjustments to our forecasts.
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