Systemair AB Year-end report 2012/13 - Organic growth for 13th successive quarter
(Thomson Reuters ONE) -
Fourth quarter, February 2013 - April 2013
* Net sales increased by 9 percent to SEK 1,124 million (1,035).
* Operating profit (EBIT) totalled SEK 36 million (6*).
* The operating margin was 3.2 percent (0.5*).
* Profit after tax increased to SEK 24 million (-5*).
* Earnings per share totalled SEK 0.46 (-0.09*).
* Cash flow from operating activities totalled SEK 15 million (6).
12 months, May 2012 - April 2013
* Net sales increased by 14 percent to SEK 4,551 million (3,997).
* Operating profit (EBIT) increased by 14 percent, to SEK 365 million (320*).
* The operating margin was 8.0 percent (8.0*).
* Profit after tax increased to SEK 241 million (215*).
* Earnings per share totalled SEK 4.63 (4.14*).
* Cash flow from operating activities totalled SEK 344 million (290).
* The Board of Directors proposes a dividend of SEK 1.50 (1.25) per share.
*Including non-recurring items of SEK -40 million in Q4 2011/12.
Gerald Engström, CEO, comments:
"Our last quarter is normally our weakest, and unfortunately that was the case
again this year. Results felt the effects not only of weakness in the economy
but also the harsh winter and a stronger Swedish krona. Low volumes in a number
of manufacturing companies were another factor underlying low gross margins.
That we, despite this head wind, were able to achieve organic growth again in
this quarter is encouraging."
A telephone conference will be held at 9:00 CET on June 11, 2013. The report
will be presented by Gerald Engström, CEO, and Glen Nilsson, CFO. A
presentation, including an interview with Gerald Engström, will be published on
the website in connection with the report. In order to participate in the
telephone conference call +46 (0)8 5052 0110 and enter code 933160 minutes
before start. The presentation will be published on www.systemair.com
For further information, please contact:
Gerald Engström, CEO, +46 (0)222 440 01, +46 (0)70 519 0001
Glen Nilsson, CFO, +46 (0)222 440 03, +46 (0)70 654 4003
Systemair AB, SE-739 30 Skinnskatteberg, Sweden, +46 (0)222 440 00,
www.systemair.com
Note: The information in this Interim Report is that which Systemair AB (NASDAQ
OMX Stockholm: SYSR) is required to disclose in accordance with the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act.
Swedish and English versions of this information have been submitted for
publication at 08.00 a.m. on 11 June 2013.
Systemair in brief
Systemair is a leading ventilation company with operations in 44 countries in
Europe, North- and South America, the Middle East, Asia and South Africa. The
Company had sales of SEK 4.55 billion in financial 2012/13 and currently employs
about 3,600 people. Systemair has reported an operating profit every year since
1974, when the Company was founded. During the past 15 years, the Company's
growth rate has averaged about 13 percent.
Systemair has well-established operations in growth markets. The Group's
products are marketed under the Systemair, Frico, VEAB, Fantech, Menerga and
Holland Heating brands. Systemair shares have been quoted on the Mid Cap List of
the OMX Nordic Exchange in Stockholm since October 2007. The Group comprises
about 60 companies.
Year-end report 2012/13:
http://hugin.info/138279/R/1708411/566036.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Systemair AB via Thomson Reuters ONE
[HUG#1708411]
Unternehmensinformation / Kurzprofil:
Datum: 11.06.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 268356
Anzahl Zeichen: 4252
contact information:
Town:
Skinnskatteberg
Kategorie:
Business News
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