Systemair Q1 2023/24: Solid beat - Redeye

Redeye is encouraged to see strong Q1 numbers across the board. Organic growth of 11% with healthy operating leverage, resulted in EBIT margins of 10.5%. Market demand remains firm and Systemair saw surprisingly good growth in several markets. Order bookings exceeded sales in the quarter, indicating at least a near-term positive outlook. We will probably raise our sales and earnings forecasts for the current year.

Länk till analysen i sin helhet: https://www.redeye.se/research/941114/systemair-q1-2023-24-solid-beat?utm_source=finwire&utm_medium=RSS