Redeye: Systemair - Solid report in turbulent times
Redeye remains optimistic about Systemair’s prospects for continued growth and further margin improvement. Q2 showed strong growth and EBIT margins close to 10% (adjusted for one-offs), despite some supply chain issues. The report also states that order intake remains buoyant, and the order backlog is strong. Given the general economic outlook, Redeye expects somewhat softer demand in the coming year, however.
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