EUROPE | European Midcaps First View: Posts Strong 4Q25/26 Beat, with 10% Organic Growth Conclusion Systemair reported a strong 4Q25/26 (Feb–Apr), with net sales of SEK 3,276m, beating consensus by 8% and growing 9.1% y/y, driven by solid organic growth of +9.6% despite a modest FX headwind of -1.8%. Adj. EBIT came in at SEK 292m, up 12% y/y and 11% above consensus, implying a margin of 8.9% (4Q24/25: 8.7%). Performance was broad-based across regions, with particularly strong organic growth in Eastern Europ ...