Lindab Capital Market Day - Update on sales performance, first part of third quarter 2012

At Lindab's Capital Markets Day, hosted at Lindab's premises in Grevie today, President and CEO David Brodetsky comments on demand and sales performance at the start of the third quarter 2012.

"As expected, demand has remained weak during the first few weeks of the third quarter. Sales have decreased compared to the same period last year, adjusted for structure and currency, but at a lower rate than the decline experienced in the second quarter. The main trends are unchanged compared to the second quarter 2012 with the exception of improved demand in Western Europe particularly supporting the Ventilation Business Area."

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The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act.

 

Contacts:

LINDAB

David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Mobile: +46 (0)73 274 5418

Lindab - A Ventilation and Building Products company:

Lindab develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.

The business is carried out within three business areas, Ventilation, Building Components and Building Systems. 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 revenue of SEK 6,878 m in 2011, was established in 31 countries and had approximately 4,300 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2011, the Nordic market accounted for 46 percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet states) for 23 percent, Western Europe for 28 percent and other markets for 3 percent of total sales.

The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For more information visit www.lindabgroup.com