Lindab's exposure to Russia, Ukraine and Belarus

Due to questions from and information in the media regarding Lindab's exposure to Russia, Ukraine and Belarus, Lindab clarifies its sales exposure in these countries.

For 2022, the exposure to Russia, Ukraine and Belarus is expected to be less than 0.5 percent of Lindab's sales. In 2021, the three mentioned countries represented about 3 percent of Lindab's sales. Excluding business area Building Systems (Astron), which was divested in the autumn of 2021, Lindab's exposure was 0.5 percent in 2021.

Contacts:

Ola Ringdahl
President and CEO
E-mail: ola.ringdahl@lindab.com
Phone: +46 (0) 431 850 00

Jonas Arkestad
CFO
E-mail: jonas.arkestad@lindab.com
Phone: +46 (0) 431 850 00

Catharina Paulcén
Head of Corporate Communications
E-mail: catharina.paulcen@lindab.com
Mobile: +46 (0) 701 48 99 65

Lindab in brief

Lindab is a leading ventilation company in Europe. Lindab develops, manufactures, markets and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterised by high quality, ease of installation and environmental thinking.

The Group had sales of SEK 9,648 m in 2021 and is established in 20 countries with approximately 4,500 employees. The Nordic region accounted for 55 percent of sales in 2021, Western Europe for 29 percent, Central- and Eastern Europe for 14 percent and Other markets for 2 percent.
 
The share is listed on the Nasdaq Stockholm, Large Cap, under the ticker symbol LIAB.