Systemair Reports Strong Q1 2027 Results and Secures Data Center Cooling Order
Systemair's Q1 2027 results include an operating profit of 311 million kronor and a net revenue of 3.281 billion kronor. The company's organic growth of 6% exceeded expectations, driven by strong demand, particularly in North America.
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Systemair reported an operating profit of 311 million kronor for Q1 2027, aligning with analyst expectations. Net revenue reached 3.281 billion kronor, surpassing the forecast of 3.253 billion kronor. The quarter saw an organic growth rate of 6%, exceeding the anticipated 5.4%.
The operating margin was reported at 9.5%, slightly below the 9.6% forecast. The company secured a 60 million kronor order for air-based cooling for a new data center in Finland, with deliveries expected to start in early 2027.
The units will utilize waste heat for district heating. The geopolitical landscape remains uncertain, yet the company perceives potential for future improvements in demand.
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