Systemair has posted increased profitability for the 2024/25 financial year, alongside progress in its sustainability initiatives. The company reported net sales of SEK 12.3 billion (USD 1.17 billion), reflecting 2.0% organic growth, and an adjusted operating profit of SEK 1,125 million (USD 107 million).
Key strategic moves included facility expansions in Lithuania and India, the relocation of Menerga production to Slovenia, and the acquisition of Malaysia-based Phem Engineering. A small local fan production facility was also established in Saudi Arabia to meet demand for “Made in Saudi Arabia” products.
Systemair showcased new high-efficiency products at the ISH 2025 trade fair in Frankfurt, including the AXC axial fan and integrated heat pump solutions for Geniox and Topvex units using environmentally friendly refrigerants. Menerga also introduced a new air handling unit for swimming pool ventilation featuring a natural refrigerant with a GWP of 1.
Sustainability measures delivered a 36% reduction in Scopes 1 and 2 emissions intensity compared to 2019/20, supported by energy efficiency improvements and solar panel installations generating 2.84 GWh. Work-related injuries resulting in sickness absence decreased by 19% year-on-year, and the share of female leaders reached 23.6%.
“Energy efficiency is a must in both new construction and renovation,” said Lee Morgan, Group Sustainability Director.
