Cardo wins door order in Singapore worth SEK 9.5 million
Cardo has entered into an agreement to supply doors at Changi International Airport in Singapore. The order is worth SEK 9.5 million.
In its division Cardo Entrance Solutions, Cardo offers products that include doors of up to 150 meters in width tailored to the requirements of the aircraft, mining and shipyard industries. The order in question includes new Megadoor hangar doors in an existing hangar at Changi International Airport in Singapore.
“We have a unique solution for, among other things, the exchange and retrofitting of doors in an existing hangar. No space is required at the sides and, in addition, we have the best seal for environments where air leakage must be kept low. With our solution our customers achieve both flexibility and cost-effectiveness,” says President and CEO Peter Aru.
The order will be booked in the third quarter. The doors will be delivered during the first quarter of 2011.
Malmö, Sweden, November 11 2010
Cardo AB (publ)
For further information, please contact:
Peter Aru, President and CEO, tel +46 10 4747 401
Ulf Liljedahl, CFO and Executive Vice President, tel +46 10 4747 402
Maria Bergving, SVP Communications and Investor Relations,
tel +46 10 4747 405, +46 70 602 61 81, firstname.lastname@example.org
Cardo is world-leading supplier of industrial doors and logistics systems, wastewater treatment systems, process equipment for the pulp and paper industry and garage doors. With sales of SEK 9 billion and approximately 5.400 employees worldwide, Cardo delivers solutions that help to solve some of the greatest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.