Key Developments: Lindab International AB (LIAB.ST)

LIAB.ST on Stockholm Stock Exchange

66.20SEK
24 Jul 2014
Price Change (% chg)

-0.80kr (-1.19%)
Prev Close
67.00kr
Open
67.65kr
Day's High
68.00kr
Day's Low
66.00kr
Volume
280,281
Avg. Vol
170,822
52-wk High
83.70kr
52-wk Low
55.60kr

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Latest Key Developments (Source: Significant Developments)

Lindab delivers structure for two hall buildings in Baku, Azerbaijan
Wednesday, 28 May 2014 07:00am EDT 

Lindab International AB:Receives order for complete super structure for two hall buildings in Baku, Azerbaijan.The buildings of in total 19,000 square meters will be used for manufacturing and warehousing by a herbal medicine company.Order value 3 million euros.Deliveries to take place in June-August.  Full Article

Lindab receives SEK 20 mln contract from NIFAB
Monday, 26 May 2014 07:00am EDT 

Lindab International AB:To supply building solutions for retailer Rusta's new central warehouse in Norrkoping, Sweden.The order comes from NIFAB, a builder contractor who will build the warehouse.Order value 20 million Swedish crowns.The order includes Lindab's decking profile for Nordic climates as well as Lindab sandwich panels from Lulea.Deliveries will be made between Sep. 2014 and March 2015.  Full Article

Lindab acquires assets in Novo Clima
Thursday, 13 Mar 2014 09:11am EDT 

Lindab International AB:Acquires the assets in Novo Clima which are included in Lindab's product range.Through the acquisition aims to strengthen in-house production of indoor climate solutions.Novo Clima is manufacturer of water-based indoor climate products.Financial details not disclosed.  Full Article

Systemair divests entire stake in Lindab of 11.2 pct
Monday, 3 Mar 2014 04:22am EST 

Systemair:Divestes entire stake in Lindab of 9,150,000 shares, representing 11.2 percent of the shares and votes in the company.Says acquired the shares in Lindab in 2012.The shares were acquired by a limited group of institutional investors at a price of 72 Swedish crowns per share, corresponding to 30 day volume weighted price.  Full Article

Lindab International proposes no dividend for FY 2013
Tuesday, 18 Feb 2014 01:04am EST 

Lindab International AB:Proposes to pay no dividend for FY 2013.Paid no dividend for FY 2012 either.  Full Article

Lindab International AB to deliver roof and wall solutions to Scania's new production unit in Oskarshamn
Thursday, 5 Dec 2013 02:01am EST 

Lindab International AB:Says it has received an order worth around 9 million Swedish crowns from specialist sheet metal and steel builder, Platson, to deliver sandwich panels and decking profiles to Scania's extension project in Oskarshamn.Says the deliveries will start in Jan. 2014 and are estimated for completion in Sep. 2014.  Full Article

Lindab International AB Receives Order For Industrial Indoor Climate Solution
Friday, 27 Sep 2013 02:02am EDT 

Lindab International AB announced that it has been selected to deliver the indoor climate system to a new production unit and showroom for a furniture manufacturer in Grodno, Belarus. The deliveries, worth around SEK13 million, will start in November and continue into the first quarter of 2014.  Full Article

Lindab International AB Announces New Organizational Structure
Wednesday, 18 Sep 2013 02:15am EDT 

Lindab International AB announced that in spring 2013 the Company launched the concept "Back to Basics - into the Future". As part of these efforts, an organizational change will be implemented from October 1, 2013. The Company announced a new organizational structure with increased focus on the local business which will strengthen the Group's total product offering. The Company will capitalize on the synergies between the different product areas and the business area structure will be replaced by a geographically based organization. This also means a change in Lindab's Executive Management. After the reorganization, the Executive Management team will consist of Chief Executive Officer, Chief Financial Officer and General Counsel. An Operational Management team managing the group has been formed, which in addition to the Executive Management team includes nine senior positions, all recruited internally. The one-off costs for the restructuring implies an increase of approximately SEK 10 million to the previously announced one-off costs for the current cost-saving program. Approximately SEK 30 million in one-off costs will be recorded during the third quarter. Lindab will start to report according to the new structure as from the first quarter of 2014.  Full Article

Lindab International AB Receives SEK 12 Million Ventilation Order in Hungary
Tuesday, 23 Jul 2013 02:31am EDT 

Lindab International AB announced that the Company has signed contracts for the supply of the ventilation and indoor climate system to the new 80,000 square meters' manufacturing facilities for LEGO in the city of Nyiregyhaza, Hungary. The order, worth over SEK 12 million, will be delivered according to a tight schedule from July until September 2013.  Full Article

Lindab International AB and Norseman Structures Agree on Business Relationship for Fabric Building Solutions in Europe
Monday, 3 Jun 2013 02:00am EDT 

Lindab International AB announced that the Company and Norseman Structures, a Canadian based fabric building manufacturer, have entered into a strategic business relationship agreement for fabric covered building solutions. The agreement involves a future cooperation whereby Lindab will enlarge its Astron-branded product range by providing fabric building solutions from Norseman to Lindab's customers in Europe. The buildings will be designed by Lindab with steel construction from Lindab and fabric covering from Norseman.  Full Article

REFILE-BRIEF-Systemair sells Lindab stake to institutional investors

STOCKHOLM, March 3 - March 3 - Systemair : * A limited group of institutional investors acquires Systemairs shares in Lindab * Makes a capital gain of approximately SEK 250 million on the sale of the

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