Lindab’s Interim Report January – March 2023: High sales growth and strong cash flow
Lindab’s net sales increased by 18 percent during the first quarter, mainly due to completed acquisitions. The operating margin amounted to 8.2 percent. Business area Ventilation Systems, which represents approximately 70 percent of sales, continued to develop well in terms of sales and profitability. Profile Systems has been affected by weaker demand and did not reach the expected level of profitability. Cash flow from operating activities was strong in the quarter, mainly related to changes in working capital.First quarter 2023
· Net sales increased by 18 percent to SEK 3,224 m (