{"success":true,"data":{"pressRelease":{"id":"155867","rtpr_id":"nWkrbnHLtg-20260929","ticker":"SYSR","exchange":"Nasdaq Stockholm","all_tickers":["SYSR"],"title":"Correction: Incorrect reference to MAR in previous press release \"Systemair plans to discontinue operations at its production facility in the Netherlands\"","author":"Cision","published_at":"2026-09-29T18:11:20.814Z","article_body":"Systemair AB\nSkinnskatteberg, Sweden, 29 September 2026 - Systemair issues a correction to\nthe press release titled \"Systemair plans to discontinue operations at its\nproduction facility in the Netherlands\" published on 29 September 2026. The\npress release incorrectly included a reference to the EU Market Abuse\nRegulation. The information in the press release did not constitute inside\ninformation, and therefore no such reference should have been included. The\nreference has been removed. No other information in the press release is\naffected by this correction.\n\nThe complete corrected press release is set out below.\n\nSystemair plans to discontinue operations at its production facility in the\nNetherlands\n\n Skinnskatteberg, Sweden, 29 September 2026 – Systemair (NASDAQ Stockholm:\nSYSR) today announces its intention to discontinue production at the Group’s\nfacility in Waalwijk, the Netherlands.\n\n \n\nApproximately 70 employees at the production facility are affected. Systemair\nwill conduct the process in close dialogue with employees and employee\nrepresentatives and will provide support throughout the transition.\nConsultations with employee representatives regarding the proposed\nrestructuring have been initiated. Subject to the outcome of the consultation\nprocess, the phase-out is expected to be completed at the beginning of 2027.\n\n \n\nThe intention is to gradually phase out production in Waalwijk and supply the\nDutch market from other manufacturing units within Systemair Group in Europe.\n\n \n\nSystemair will continue to have a strong presence and customer service in the\nNetherlands with an operation including sales, service, logistics, technical\nsupport and product development activities.\n\n \n\n“The decision to initiate consultations regarding the proposed closure has\nnot been an easy one. At the same time, it is an important step towards\ncreating a more efficient production structure and strengthening our long-term\ncompetitiveness. We are committed to carrying out the transition in a\nresponsible manner and with respect for the employees affected,” says Robert\nLarsson, Systemair’s CEO.\n\n \n\nThe decision forms part of the Group’s continuous review of its production\nfootprint and is intended to improve efficiency, increase capacity utilisation\nand enhance profitability across its European operations.\n\n \n\nThe restructuring will result in an estimated one-time charge of approximately\n115 MSEK, primarily related to project costs, asset impairments, and severance\npayments. A later divestment of the real estate is estimated to result in a\ncapital gain of approximately 40 MSEK. The restructuring is expected to\nstrengthen competitiveness and generate annual cost savings of approximately\n35 MSEK once fully implemented. \n\n\nFor further information, please contact:\n\nRobert Larsson\nCEO\nrobert.larsson@systemair.com\n+46 72 232 95 70\n\n \n\nAnders Ulff\nCFO\nanders.ulff@systemair.com\n+ 46 70 577 40 09\n\n \n\nSystemair in brief\n\nSystemair (SYSR) is a leading ventilation Group that helps improve the indoor\nclimate through energy-efficient products and solutions. The Group's products\nare mainly marketed under the Systemair, Frico, Fantech, and Menerga brands.\nThe Systemair Group is conducting business in 51 countries in Europe, North\nAmerica, the Middle East, Asia, Australia and Africa. In the 2025/26 financial\nyear, the Systemair Group employed approximately 7,400 people and had sales of\nSEK 12.5 billion. Systemair has reported an operating profit ever since it was\nfounded in 1974, and over the past 10 years growth in net sales has averaged\n7.7% per year. Systemair is listed on the Nasdaq Stockholm’s Large Cap List.\n\nhttps://news.cision.com/systemair-ab/r/correction--incorrect-reference-to-mar-in-previous-press-release--systemair-plans-to-discontinue-ope%2Cc4402424\n\nRelease (https://mb.cision.com/Main/22134/4402424/4294327.pdf)\n\n\n\n(c) Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkrbnHLtg-20260929","title":"Correction: Incorrect reference to MAR in previous press release \"Systemair plans to discontinue operations at its production facility in the Netherlands\"","author":"Cision","ticker":"SYSR","created":"2026-09-29T18:11:20.814Z","tickers":["SYSR"],"exchange":"Nasdaq Stockholm","article_body":"Systemair AB\nSkinnskatteberg, Sweden, 29 September 2026 - Systemair issues a correction to\nthe press release titled \"Systemair plans to discontinue operations at its\nproduction facility in the Netherlands\" published on 29 September 2026. The\npress release incorrectly included a reference to the EU Market Abuse\nRegulation. The information in the press release did not constitute inside\ninformation, and therefore no such reference should have been included. The\nreference has been removed. No other information in the press release is\naffected by this correction.\n\nThe complete corrected press release is set out below.\n\nSystemair plans to discontinue operations at its production facility in the\nNetherlands\n\n Skinnskatteberg, Sweden, 29 September 2026 – Systemair (NASDAQ Stockholm:\nSYSR) today announces its intention to discontinue production at the Group’s\nfacility in Waalwijk, the Netherlands.\n\n \n\nApproximately 70 employees at the production facility are affected. Systemair\nwill conduct the process in close dialogue with employees and employee\nrepresentatives and will provide support throughout the transition.\nConsultations with employee representatives regarding the proposed\nrestructuring have been initiated. Subject to the outcome of the consultation\nprocess, the phase-out is expected to be completed at the beginning of 2027.\n\n \n\nThe intention is to gradually phase out production in Waalwijk and supply the\nDutch market from other manufacturing units within Systemair Group in Europe.\n\n \n\nSystemair will continue to have a strong presence and customer service in the\nNetherlands with an operation including sales, service, logistics, technical\nsupport and product development activities.\n\n \n\n“The decision to initiate consultations regarding the proposed closure has\nnot been an easy one. At the same time, it is an important step towards\ncreating a more efficient production structure and strengthening our long-term\ncompetitiveness. We are committed to carrying out the transition in a\nresponsible manner and with respect for the employees affected,” says Robert\nLarsson, Systemair’s CEO.\n\n \n\nThe decision forms part of the Group’s continuous review of its production\nfootprint and is intended to improve efficiency, increase capacity utilisation\nand enhance profitability across its European operations.\n\n \n\nThe restructuring will result in an estimated one-time charge of approximately\n115 MSEK, primarily related to project costs, asset impairments, and severance\npayments. A later divestment of the real estate is estimated to result in a\ncapital gain of approximately 40 MSEK. The restructuring is expected to\nstrengthen competitiveness and generate annual cost savings of approximately\n35 MSEK once fully implemented. \n\n\nFor further information, please contact:\n\nRobert Larsson\nCEO\nrobert.larsson@systemair.com\n+46 72 232 95 70\n\n \n\nAnders Ulff\nCFO\nanders.ulff@systemair.com\n+ 46 70 577 40 09\n\n \n\nSystemair in brief\n\nSystemair (SYSR) is a leading ventilation Group that helps improve the indoor\nclimate through energy-efficient products and solutions. The Group's products\nare mainly marketed under the Systemair, Frico, Fantech, and Menerga brands.\nThe Systemair Group is conducting business in 51 countries in Europe, North\nAmerica, the Middle East, Asia, Australia and Africa. In the 2025/26 financial\nyear, the Systemair Group employed approximately 7,400 people and had sales of\nSEK 12.5 billion. Systemair has reported an operating profit ever since it was\nfounded in 1974, and over the past 10 years growth in net sales has averaged\n7.7% per year. Systemair is listed on the Nasdaq Stockholm’s Large Cap List.\n\nhttps://news.cision.com/systemair-ab/r/correction--incorrect-reference-to-mar-in-previous-press-release--systemair-plans-to-discontinue-ope%2Cc4402424\n\nRelease (https://mb.cision.com/Main/22134/4402424/4294327.pdf)\n\n\n\n(c) Cision 2026"},"type":"article","timestamp":"2026-09-29T18:11:20.896803486Z","server_sent_at_ms":1790705480896},"received_at":"2026-09-29T18:11:20.950Z","source_url":"https://news.cision.com/systemair-ab/r/correction--incorrect-reference-to-mar-in-previous-press-release--systemair-plans-to-discontinue-ope%2Cc4402424"},"analysis":{"id":"144585","press_release_id":"155867","analysis_json":{"industry":{"label":"Building Products","sector":"Industrials"},"redFlags":["prior release incorrectly referenced the EU Market Abuse Regulation","restructuring terms subject to employee-representative consultation outcome"],"eventType":"restructuring","narrative":"Systemair announced plans to discontinue production at its Waalwijk facility in the Netherlands, affecting approximately 70 employees, with consultations underway and phase-out expected complete in early 2027.\n\nThe restructuring carries an estimated one-time charge of approximately 115 MSEK, partially offset by an expected 40 MSEK capital gain from a later real-estate divestment.\n\nOnce fully implemented, the company expects annual cost savings of roughly 35 MSEK from a more efficient European production footprint; the Dutch market will be served from other Group manufacturing units.\n\nThe release also corrects an earlier version, removing an incorrect reference to the EU Market Abuse Regulation; the information did not constitute inside information.","sentiment":"mixed","agentHooks":{"shouldPost":false,"suggestedAngle":"Modest European footprint rationalization -- 115 MSEK charge against 35 MSEK annual savings and a 40 MSEK expected property gain."},"keyFigures":{"customDimensions":{"revenue_sek":"SEK 12.5 billion (2025/26 financial year)","employees_affected":70,"one_time_charge_msek":115,"annual_cost_savings_msek":35,"expected_capital_gain_msek":40}},"quotedText":"The restructuring will result in an estimated one-time charge of approximately 115 MSEK, primarily related to project costs, asset impairments, and severance payments.","namedEntities":{"people":[{"name":"Robert Larsson","role":"CEO"},{"name":"Anders Ulff","role":"CFO"}],"products":["Systemair","Frico","Fantech","Menerga"],"companies":[{"name":"Systemair AB","ticker":"SYSR","relationship":"filer"}],"dollarAmounts":[{"amount":"115 MSEK","context":"estimated one-time restructuring charge"},{"amount":"40 MSEK","context":"estimated capital gain from real estate divestment"},{"amount":"35 MSEK","context":"estimated annual cost savings once fully implemented"},{"amount":"SEK 12.5 billion","context":"2025/26 Group sales"}]},"materialImpact":{"score":2,"reasoning":"Closure of a Dutch plant affecting ~70 employees with a ~115 MSEK one-time charge, offset by ~35 MSEK annual savings and ~40 MSEK expected real-estate gain. Modest in scale relative to SEK 12.5B revenue; also a technical correction to the MAR reference in the earlier release."},"tickerRelevance":{"others":[],"primary":"SYSR"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap (Nasdaq Stockholm Large Cap)","eventGravity":"plant closure with modest charge and savings","correctionNature":"technical MAR reference correction, no new inside information","householdBrandBoost":0}},"event_type":"restructuring","event_type_secondary":null,"sentiment":"mixed","material_impact_score":2,"narrative":"Systemair announced plans to discontinue production at its Waalwijk facility in the Netherlands, affecting approximately 70 employees, with consultations underway and phase-out expected complete in early 2027.\n\nThe restructuring carries an estimated one-time charge of approximately 115 MSEK, partially offset by an expected 40 MSEK capital gain from a later real-estate divestment.\n\nOnce fully implemented, the company expects annual cost savings of roughly 35 MSEK from a more efficient European production footprint; the Dutch market will be served from other Group manufacturing units.\n\nThe release also corrects an earlier version, removing an incorrect reference to the EU Market Abuse Regulation; the information did not constitute inside information.","key_figures":{"customDimensions":{"revenue_sek":"SEK 12.5 billion (2025/26 financial year)","employees_affected":70,"one_time_charge_msek":115,"annual_cost_savings_msek":35,"expected_capital_gain_msek":40}},"named_entities":{"people":[{"name":"Robert Larsson","role":"CEO"},{"name":"Anders Ulff","role":"CFO"}],"products":["Systemair","Frico","Fantech","Menerga"],"companies":[{"name":"Systemair AB","ticker":"SYSR","relationship":"filer"}],"dollarAmounts":[{"amount":"115 MSEK","context":"estimated one-time restructuring charge"},{"amount":"40 MSEK","context":"estimated capital gain from real estate divestment"},{"amount":"35 MSEK","context":"estimated annual cost savings once fully implemented"},{"amount":"SEK 12.5 billion","context":"2025/26 Group sales"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T18:11:26.803Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap (Nasdaq Stockholm Large Cap)","eventGravity":"plant closure with modest charge and savings","correctionNature":"technical MAR reference correction, no new inside information","householdBrandBoost":0}},"durationMs":5813,"modelName":"glm-5.3-flashx"}}