Systemair receives major order

Press release 14 June 2017

Systemair’s (NASDAQ OMX Stockholm: SYSR) subsidiaries, Menerga GmbH, Germany has received a large order to a value of about 15 million euros to the German company Linde AG, Munich, Germany.

The order consists of 226 custom designed air handling units for a processventilationsanläggning with very high technical standard and requirements on explosion protection. They will be installed together with 27 chillers and 23 dry coolers. The customer is the German Linde AG, Munich, Germany.

“We are very proud to be selected to supply air handling units that have these high requirements. Menerga GmbH is known for its expertise in the area and this order confirms that our customers have confidence in our quality and reliability.”, says Frank Ernst, managing director of Menerga GmbH.

For further information, please contact:

Roland Kasper, CEO, + 46 73 094 40 13, +46 222 440 13

Anders Ulff, CFO, + 46 70 577 40 09, +46 222 44 009

Systemair AB, 739 30 Skinnskatteberg, +46 222 440 00,

Systemair in brief

Systemair is a leading ventilation company with operations in 50 countries in Europe, North and south America, the Middle east, Asia and south Africa. The company had a turnover of sek 6.9 billion fiscal year 2016/17 and currently has about 5 200 employees Since the establishment of Systemair in 1974, the company has shown positive operating results. During the past 15 years, the average growth rate amounted to approximately 10 per cent.

Systemair has well-established operations in emerging markets. The group’s products are marketed under the brand names Systemair, Frico, Fantech and Menerga. Systemair is since October 2007, listed on the OMX Nordic exchange in Stockholm on the list for medium-sized companies. The group comprises about 70 companies.


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