Lindab's Annual Report 2011 has been published
(Thomson Reuters ONE) -
Lindab has today published its annual report for 2011. It is now available in
web format and as a pdf on the corporate website, www.lindabgroup.com.
Lindab's President and CEO David Brodetsky summarises the challenges for 2012:
"The focus for 2012 is on further strengthening our competitiveness to reach the
near term EBIT-target of a 10 percent run rate by the end of 2013 and for the
full year 2014. Two focus areas are prioritised:
1. Ensure the implementation of the cost saving programme that will save around
SEK 150 million annually. The programme is aimed at aligning the business to
current demand levels, improve efficiency and reduce the company's fixed
costs.
2. Focus on prioritised markets, customers and various sales initiatives that
will boost sales and increase market shares despite more or less flat
demand. This means continuing to develop solutions that simplify
construction for our customers.
2012 will be a challenging but fascinating year for Lindab. We have a team that
has performed well during the downturn, and with Lindab's entrepreneurial spirit
I am convinced that we will deliver going forward," concludes David Brodetsky.
Hard copies of the annual report are available at Lindab's Head Office.
Those wishing to order hard copies of the annual report as well as other printed
matter can do so online at www.lindabgroup.com
End
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(at)lindab.com
Mobile: +46 (0)73 274 5418
Per Nilsson, CFO
Email: per.nilsson(at)lindab.com
Mobile: +46 (0)70 33 85069
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
Annual Report 2011:
http://hugin.info/1122/R/1599908/504908.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Lindab International AB via Thomson Reuters ONE
[HUG#1599908]
Unternehmensinformation / Kurzprofil:
Datum: 04.04.2012 - 08:32 Uhr
Sprache: Deutsch
News-ID 131925
Anzahl Zeichen: 4105
contact information:
Town:
BÃ¥stad
Kategorie:
Business News
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