Lindab Building Systems (Astron) receives order worth 10,3 MEUR
Lindab Building Systems has received the largest order ever in its more than 50 years' history. The order value amounts to 10,3 MEUR.
The Algerian Mazouz group has ordered a complex of Astron buildings for a new sugar production unit, about 30 km south of Alger.
The building complex will consist of twenty Astron single-storey and multi-storey buildings with a total area of approximately 30,000 m². The buildings will be used for sugar production, storage and conveyors, laboratories and offices. The buildings are constructed to sustain heavy loads and fulfill the seismic requirements for that region.
The deliveries are planned to start late during the fourth quarter 2016 and the full complex of buildings is planned to be completed during 2017.
Anders Berg, Lindab's President and CEO commented:
"The customer had three critical requirements on the supplier of this construction project: short time from order to delivery, ability to handle a complex project in cooperation with the supplier of technical equipment and finally profound experience in international project management. Building Systems, which is recognized as a high quality supplier of sustainable buildings, was able to meet all requirements and was awarded the project based on its high competence and experience in all these respects."
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Contact:
LINDAB
Anders Berg, President and CEO
Email: anders.berg@lindab.com
Mobile: +46 (0)70 35 89155
Fredrik Liedholm, General Counsel, M&A- and HR Director
Email: fredrik.liedholm@lindab.com
Mobile: +46 (0)72 38 85742
About Lindab:
Lindab develops, manufactures, markets and distributes products and system solutions for simplified construction and improved indoor climate. The products are characterised by their high quality, ease of assembly, energy efficiency, consideration towards the environment, and are delivered with high levels of service. Altogether, this increases customer value.
The Group had sales of SEK 7,589 m in 2015 and is established in 32 countries with approximately 5,100 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2015, the Nordic market accounted for 44 percent, Western Europe for 33 percent, the CEE/CIS (Central and Eastern Europe plus other former Soviet states) for 19 percent and other markets for 4 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap, under the ticker symbol LIAB. For more information visit www.lindabgroup.com.