Cardo wins door order worth SEK 8 million
Cardo has entered into an agreement worth SEK 8 million to supply hangar doors.
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 replacement of existing hangar doors by new Megadoor doors for an airfield in mid-Sweden.
“Megadoor is an exciting product area, and with our solution our customers achieve both flexibility and cost-effectiveness,” says Peter Aru, Cardo’s President and CEO.
The order will be booked in the second quarter and delivery is expected to occur in the third quarter of 2010.
Malmö, Sweden, June 23 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, maria.bergving@cardo.com
Cardo is a 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 the greatest challenges of our time in the fields of water, transportation and energy. Corporate headquarters are located in Malmö, Sweden.
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