Lindab Capital Market Day - Update on sales performance, first part of third quarter 2012
(Thomson Reuters ONE) -
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."
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
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
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#1635683]
Unternehmensinformation / Kurzprofil:
Datum: 23.08.2012 - 10:16 Uhr
Sprache: Deutsch
News-ID 177030
Anzahl Zeichen: 3077
contact information:
Town:
BÃ¥stad
Kategorie:
Business News
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"Lindab Capital Market Day - Update on sales performance, first part of third quarter 2012"
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Lindab International AB (Nachricht senden)
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