Adela Dashian, an analyst from Jefferies, maintained the Buy rating on Systemair AB (52SA – Research Report). The associated price target remains the same with SEK110.00.
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Adela Dashian’s rating is based on the impressive financial performance and strategic direction of Systemair AB under the leadership of the outgoing CEO, Roland Kasper. During his tenure, the company successfully doubled its turnover and improved its profitability, with EBIT margins rising significantly from 5.6% to 8.9%.
Furthermore, the company’s commitment to future growth and enhanced profitability, as emphasized by the Chairman, supports a positive outlook. The ongoing search for a new CEO is expected to continue this trajectory, making the stock an attractive buy opportunity.
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