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Systemair AB ( publ ) INTERIM REPORT Q1 1 May - 31 July 2021 First quarter , May - July 2021 Net sales increased by 9.1 percent to SEK 2,290 million ( 2,100 ) . Organic growth was 13.3 percent ( -4.4 ) . Operating profit ( EBIT ) totalled SEK 210 million ( 182 ) . The operating margin was 9.2 percent ( 8.7 ) . Profit after tax amounted to SEK 157 million ( 82 ) . Earnings per share totalled SEK 2.98 ( 1.57 ) . Cash flow from operating activities amounted to SEK 159 million ( 235 ) . Net sales , SEK m . Growth , % Operating profit , SEK m . Operating margin , % Profit after tax , SEK m . Earnings per share , SEK Operating cash flow per share , SEK Net sales Q1 systemair SEK 2,290 m . EBIT Q1 SEK 210 m . Significant events during the period under review In July 2021 , Systemair acquired the remaining 50.1 percent of the shares in Burda WTG , Germany . The company's head office is located in Eschborn , near Frankfurt am Main , Germany . Burda WTG is market leader in infrared heaters for outdoor applications . 2021/22 May - Jul 3 mths 2,290.5 9.1 209.6 9.2 156.8 2.98 3.05 2020/21 May - Jul 3 mths 2,100.0 -6.8 182.1 8.7 82.0 1.57 4.53 2020/21 May - Apr 12 mths 8,519.2 -4.4 676.7 7.9 410.6 7.81 19.11