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Lindab International AB (LIAB.ST)

LIAB.ST on Stockholm Stock Exchange

67.80SEK
15 Dec 2017
Change (% chg)

-1.65kr (-2.38%)
Prev Close
69.45kr
Open
69.45kr
Day's High
69.90kr
Day's Low
67.10kr
Volume
166,214
Avg. Vol
165,382
52-wk High
98.00kr
52-wk Low
64.75kr

Latest Key Developments (Source: Significant Developments)

Lindab Q3 operating profit far below forecast​
Thursday, 26 Oct 2017 01:40am EDT 

Oct 26 (Reuters) - Lindab :Q3 ‍net sales increased by 2 percent to SEK 2,081 m (2,042), of which organic growth amounted to 2 percent​.Q3 ‍adjusted operating profit decreased by 15 percent to SEK 162 m (190)​.Q3 ‍operating profit amounted to SEK 154 m (165)​.Reuters poll: Lindab Q3 sales were seen at 2,116 million SEK, EBIT at 207 million SEK.  Full Article

Lindab reviews options for non-ventilation businesses, including potential sale
Thursday, 26 Oct 2017 01:30am EDT 

Oct 26 (Reuters) - Lindab :Reg-Lindab International AB (publ): Lindab assesses strategic alternatives for its non-ventilation related businesses.Says ‍board has decided to assess structural alternatives, including a potential divestment, of its non-ventilation related businesses.Says non-ventilation related businesses include the Building Systems segment (representing 11% of 2016 sales) and other construction-related businesses with limited strategic value for the ventilation business​.Says ‍in total, aforementioned businesses under review are estimated to represent approximately 30% of Lindab Group sales.Says to support in this review process, Lindab has appointed SEB Corporate Finance as financial advisor​.  Full Article

Lindab to explore "structural alternatives" for Building Systems
Thursday, 28 Sep 2017 01:46am EDT 

Sept 28 (Reuters) - Lindab International Ab :Lindab says has decided to accelerate the strategy with a clearer focus on the ventilation business and to explore structural alternatives for Building Systems.Lindab says decided that the accelerated execution of the strategy will be supported by the introduction of a new CEO and therefore reached an agreement with the company's CEO Anders Berg about a release of his duties.Lindab says in the interim, Fredrik von Oelreich will assume the role of acting CEO.  Full Article

Lindab Q2 EBIT in line with forecasts
Thursday, 20 Jul 2017 01:40am EDT 

July 20 (Reuters) - Lindab :Q2 net sales increased by 5 percent to SEK 2,118 m (2,016).Q2 operating profit increased to SEK 151 m (138).Reuters poll: lindab Q2 sales were seen at 2,105 million SEK, EBIT at 151 million SEK.Reuters poll: lindab Q2 sales were seen at 2,105 million SEK, adjusted EBIT at 151 million SEK.  Full Article

Lindab Q1 operating profit tops forecast
Tuesday, 9 May 2017 07:00am EDT 

May 9 (Reuters) - Lindab :Q1 net sales increased by 6 percent to sek 1,858 m (1,752), of which organic growth amounted to 4 percent..Q1 operating profit increased by 13 percent to sek 79 m (70), excluding one-off items* of sek -1 m (-2)..Says we ended q1 with continued good development for products & solutions, but a weak result in building systems.Says we are beginning to see effects of business review in building systems and subsequent initiatives and measures that have been conducted..Reuters poll: Lindab q1 sales were seen at 1,843 million sek, adjusted ebit at 67.1 million sek.  Full Article

Lindab Q2 EBIT beats expectations, posts 8 pct organic growth
Tuesday, 19 Jul 2016 01:40am EDT 

Lindab : Q2 operating profit increased to SEK 138 M (110), including one off items of SEK -1 m (0) . Q2 net sales increased to SEK 2,016 m (1,907), of which organic growth amounted to 8 percent. . Reuters poll: Lindab Q2 sales were seen at 1,976 million SEK, EBIT at 135 million SEK .Says during quarter, sheet metal prices increased rapidly in all our markets, prompting us to announce necessary price increases for second half of 2016.  Full Article

Lindab International proposes Peter Nilsson as new chairman of the board
Monday, 18 Apr 2016 01:40am EDT 

Lindab International AB:Nomination committee proposes election of Peter Nilsson as new chairman of the board.Nilsson, born in 1962, has since 2004 been Senior Industrial Advisor within the EQT sphere, whereby he has had several different positions and commisions of trust in various EQT entities.Nilsson was i.a. President and CEO for Duni during 2004-2007 and President and CEO for Sanitec during 2010-2015.  Full Article

Lindab International says Kjell Nilsson declines re-election as chairman
Wednesday, 13 Apr 2016 01:45am EDT 

Lindab International AB:Kjell Nilsson declines re-election as chairman of the board in Lindab.Says Nilsson's changed position is based on personal reasons linked to the recent media attention raised against him.  Full Article

Lindab International AB wins order for around SEK 60 mln
Wednesday, 9 Mar 2016 01:40am EST 

Lindab International AB:Delivers another energy efficient building for around 60 million Swedish crowns to Catenas concept plant in Varalov.  Full Article

Lindab International AB says wins order worth SEK 57 mln in Kaliningrad
Friday, 19 Feb 2016 01:40am EST 

Lindab International AB:‍Says Lindab's building systems receives order for wood processing building complex in Kaliningrad (Russia).Says order worth about 57 million​ Swedish crowns.  Full Article