Lindab’s full year report 2020: Lindab achieves the target of 10 percent operating margin for the full year
During the fourth quarter, operating profit and margin increased significantly. All three business areas increased the operating margin, which is a sign of strength during this period. Ventilation Systems showed organic growth. For the full year, adjusted operating margin improved to 10 percent, despite reduced sales due to covid-19. Lindab has strong cash flow and a good financial position, which enabled continued investments and additional acquisitions.Fourth quarter 2020 · Net sales decreased by 8 percent to SEK 2,314 m (2,526). Organically, sales decreased with 4 percent. ·