Systemair is a leading ventilation company with the main part of its operations in Europe and North America. The company generated sales of €280m during the last financial year and has approximately 1700 employees. Since the foundation in 1974, Systemair has increased its turnover every year while maintaining good profitability. During the last 10 years, the average annual growth in net sales has been approximately 16 percent. The company has a well established presence in growth markets, especially in Central and Eastern Europe, including Russia. The products are marketed under the brand names Systemair, Frico, VEAB and Fantech.
• The Systemair brand represents a standardised range of ventilation products, mainly developed in-house, such as fans, air terminal devices and air handling units. • Frico’s business is focused on air curtains, radiant heaters, fan heaters and convectors. • VEAB develops, manufactures and markets heating products for ventilation installations, fan heaters and dehumidifiers. • Fantech is Systemair’s brand name in North America with a product range including duct fans, various ventilation products and air handling units for residentials.
A round lot of shares in Systemair, whose short name is SYSR, amounts to 100. Systemair is a Mid Cap company in the Industrials sector. You can find more information about Systemair here.
Gerald Engström, CEO of Systemair and also one of the founders of the company, is welcomed to the Nordic Exchange by Jenny Rosberg, Executive Vice President OMX Nordic Exchange Stockholm.
Gerald Engström and Jukka Ruuska, President Nordic Marketplaces OMX toll the bell to make the first closed deal in the Systemair share.
The first closed deal in the Systemair share was executed at SEK 78.
Gerald Engström and his colleagues sign the guestbook. Handelsbanken has been Systemair's advisor in the listingprocess.
