The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: It's Carl here from Nordea. A few questions from my side. First, you mentioned that component issues burden the Nordic market and particularly
Sweden. Would you say that you have seen any improvement in the component issues so far in June or is it same as during Q4?
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: Okay. Perfect. Very good. And also, you mentioned that you had elevated sick levels, as many companies had during the quarter. And also impacts
from raw material headwinds. Is it possible to quantify the impact maybe on a gross margin or EBIT margin level?
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JUNE 08, 2022 / 7:00AM, SYSR.ST - Q4 2022 Systemair AB Earnings Call
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: But would you say that it's the main reason behind the gross margin contraction?
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: Perfect. And also a question. On the demand side, you guided that order intake is still quite strong and the backlog is on a high level. But of course,
there is a lot of discussions on what the impact the inflation will have on the construction market. So have you lately seen any changes in the
demand situation or postponed projects, et cetera? And the second part of that is, of course, you were quite nicely in the North America. So I guess
it's partly driven by ventilation, and also if you have seen sign of a weakening consumer in the North Americas?
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: Perfect. And the final 1 from my side, if I may. With the price increase you implemented during the quarter, when fully materialized, did you expect
to be, I mean, fully compensated by the raw materials in Q1? Or is it maybe in Q2 given some lag? And also given rapidly falling steel spot prices,
how did your customers react when you implemented the price increase? Is it getting tougher and tougher?
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JUNE 08, 2022 / 7:00AM, SYSR.ST - Q4 2022 Systemair AB Earnings Call
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