Systemair AB - Company Profile
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Systemair AB (Systemair) carries out the manufacturing and distribution of ventilation products and solutions. It provides fans, air handling units, air conditioning, air curtains and heating products, products for air distribution, fire safety products, residential ventilation, swimming pool ventilation and garage and tunnel ventilation. The company offers its products to offices; residential ventilation; data centers; car parks; schools and public buildings; marine, oil and gas; industry; stairways pressure differential systems; tunnels and healthcare. Its key brands include Systemair, Frico, Fantech, and Menerga. The company operates through its subsidiaries in several countries across the Nordic region, Western Europe, Eastern Europe and the Commonwealth of Independent States (CIS), North America, and Middle East, Asia and Africa. Systemair is headquartered in Skinnskatteberg, Vastmanland, Sweden.
Headquarters
Sweden
Address
Industrivagen 3, Skinnskatteberg, 73930
Website
www.systemair.com
Telephone
46 222 44000
No of Employees
6,518
Industry
Construction
Ticker Symbol & Exchange
SYSR (STO)
Revenue (2022)
$1.2B
25.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
91.1%
(2022 vs 2021)
Market Cap*
$1.4B
Net Profit Margin (2022)
XYZ
52.6%
(2022 vs 2021)
* As of and is in US$
Systemair AB premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Fans and Accessories | Systemair |
| Air Distribution Products | Frico |
| Air Handling Units | Fantech |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired SCS Engineering Ltd, and its subsidiary Smoke Control Services Ltd. |
| 2023 | Divestiture | In March, the company sold its commercial air conditioning business to Panasonic. |
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company acquired the remaining 40% of the shares in Systemair Maroc. |
Competitor Comparison
| Key Parameters | Systemair AB | Midea Group Co Ltd | Instalco Intressenter AB | Munters Group AB | Nederman Holding AB |
|---|---|---|---|---|---|
| Headquarters | Sweden | China | Sweden | Sweden | Sweden |
| City | Skinnskatteberg | Foshan | Stockholm | Kista | Helsingborg |
| State/Province | - | Guangdong | - | - | - |
| No. of Employees | 6,518 | 198,613 | 6,282 | 4,981 | 2,462 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Gerald Engstrom | Chairman | Executive Board | 2015 | 75 |
| Roland Kasper | President; Chief Executive Officer | Senior Management | 2007 | 54 |
| Anders Ulff | Chief Financial Officer | Senior Management | 1999 | 56 |
| Bjorn-Osvald Skandsen | Vice President - Products and Marketing | Senior Management | - | 50 |
| Olle Glassel | Vice President - Sales | Senior Management | 2002 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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