Energy

Systemair Ventilation Business 2022 Examined

Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK 9.6 billion ($918 million), the company’s best-ever annual financial results. Headquartered in Skinnskatteberg, Sweden, Systemair shares have been quoted on the Nasdaq OMX Nordic Exchange in Stockholm since October 2007, and are today traded on the Large Cap List, which includes about 90 companies. The firm achieved its all-time highest share price of SEK 101.09 in December 2021, and after a dip that saw its share price drop to SEK 50 at points during the first three quarters of 2022, they finished the year around SEK 70 to 80 per share. Systemair offers a wide range of energy-efficient fans, air […]

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