Systemair Q3 2023/24: Initial take - Redeye

Redeye expected a little more in terms of top-line and gross profits. However, costs are well contained and Systemair generates a solid cash flow of SEK380m after investments in the quarter. Management remains rather optimistic on the outlook as they see a high activity in the market. We will lower our forecasts somewhat, at least for the very near-term perspective, mainly as the European market appears rather soft.

Länk till analysen i sin helhet: https://www.redeye.se/research/988475/systemair-q3-2023-24-initial-take?utm_source=finwire&utm_medium=RSS