US/UK/Canada

Share

About Us

Lindab is a leading ventilation company in Europe, offering solutions for energy-efficient ventilation and a healthy indoor climate. The products are characterised by high quality, ease of installation and environmental thinking. In northern Europe, Lindab also offers an extensive range of roof, wall and rainwater systems.

Contacts

  • Catharina Paulcén

    Corporate Communications


    +46 701 48 99 65

    • Links

    Pick a time period -
    Tags ( Active)

    Lindab acquires French ventilation wholesaler Acomat

    Lindab supplements its operations in France and acquires the ventilation wholesaler Acomat International. The acquisition gives Lindab a stronger position on the French market and access to new customer segments.Acomat International SAS is a wholesaler of ventilation products with a focus on flexible duct systems and accessories for the French market.  “With the acquisition of Acomat, we gain access to new customer segments such as manufacturers in the ventilation industry and distributors that are not only focused on ventilation”, says Ola Ringdahl, President and CEO of Lindab. “There

    Restructuring of Lindab in Eastern Europe to focus on ventilation

    Lindab is restructuring its operations in Eastern Europe in order to fully focus on profitable growth for the ventilation business in the region. As a consequence, business area Profile Systems is exiting Eastern Europe. Business operations within Ventilation Systems will continue as before in Poland, the Czech Republic, Hungary and the Baltic States.Lindab has previously announced a strategic evaluation of the Eastern European operations in business area Profile Systems. After completion, a decision has been made to divest the profile business in Slovakia, Romania and Hungary during 2025.

    Structural measures and cost reductions in Lindab's operations

    Lindab is implementing structural measures and cost reductions, primarily within the ventilation business, in order to strengthen profitability and adjust the company's fixed costs. Actions include a reduction of 180 full-time positions and structural measures involving the closure of 10 sites for warehousing and local production.In the interim report for the third quarter of 2024, Lindab announced that further measures will be implemented to increase margins. The structural measures and cost reductions that are now being implemented will reduce fixed costs and are expected to have a

    Lindab’s emission reduction targets approved by the Science Based Targets initiative

    The Science Based Targets initiative (SBTi) is an international framework for science-based climate targets in line with the Paris Agreement's goal of limiting global warming to 1.5°C. After a process of submitting data supported targets, including a long-term net-zero target for external validation, it is now established that Lindab’s emission reduction targets have been approved by SBTi.Lindab will join other pioneers in the private sector, registered and approved by the SBTi, to lead urgent climate action. With a long history of sustainability efforts, Lindab has already implemented

    Lindab to close production of building products in the Czech Republic

    Lindab has previously announced that the Profile Systems business area, which manufactures building products, evaluates structural measures to increase profitability. As part of this restructuring, Lindab has decided to close the production of products for Profile Systems in the Czech Republic.Lindab currently has production facilities for both ventilation and building products in the Czech Republic. The ventilation business will remain unchanged, while the production of building products will be terminated at the end of the year. The closure will affect approximately 30 employees in

    Lindab’s Interim Report January – September 2024: Sales growth in a continued weak market

    Lindab’s sales increased by 3 percent and the Group reported the highest sales ever for a third quarter. Business Area Ventilation Systems, which accounts for approximately 75 percent of sales, continued to grow as a result of completed acquisitions. Business Area Profile Systems’ sales decreased slightly. The adjusted operating margin was 9.1 percent. To strengthen profitability, costs will be adjusted to lower demand in the coming quarters.Third quarter 2024 · Net sales increased by 3 percent to SEK 3,348 m (3,251). Organic sales decreased by 4 percent while acquisitions contributed

    Lindab Nomination Committee appointed

    It is hereby announced that the company's Nomination Committee has constituted themselves.The three largest shareholders have appointed members and these, together with the Chairman of the Board Peter Nilsson, have constituted themselves in accordance with the instructions for the Nomination Committee adopted by the AGM.   Members of the Nomination Committee:   · Kristian Åkesson, appointed by Carnegie Fonder · Thomas Ehlin, appointed by Fjärde AP-fonden · Erik Durhan, appointed by Lannebo Kapitalförvaltning AB · Peter Nilsson, as Chairman of the Board of Lindab

    Lindab invites to digital investor meeting ahead of quarter-end

    Thursday 19 September at 14.00In May 2024, the Swedish Financial Supervisory Authority and ESMA published recommendations for how listed companies should handle information disclosure ahead of upcoming interim reports. As a result, Lindab will offer digital group meetings before the company enters a quiet period. The meetings are primarily aimed at analysts, institutional investors and journalists. Individual meetings with analysts will therefore not be conducted before the end of the quarter. The purpose of the meetings is to summarise information already communicated by Lindab and, if

    Lindab acquires French ATIB and strengthens its position in technical ventilation products

    Lindab is advancing its position in technical ventilation products through the acquisition of the French ventilation specialist ATIB. The acquisition also strengthens Lindab's sales and distribution in western France.ATIB is a well-established French distributor of ventilation and indoor climate products. Most of the sales consist of ventilation systems for commercial properties. The product range includes air handling units, silencers, air diffusers, fire protection products and filters. Sales of technical products are, to a large extent, directed through ventilation consultants, who

    Lindab’s Interim Report January – June 2024: Sales growth and improved operating margin

    Lindab’s sales increased by 5 percent during the second quarter and reached the highest level ever for a single quarter. The operating margin improved to 9.6 percent. Business area Ventilation Systems, which represents approximately 75 percent of sales, continued to grow and delivered an operating margin of 10.4 percent. Profile Systems, which has been affected by weaker demand for several quarters, improved its operating margin to 8.7 percent thanks to implemented cost measures. Cash flow from operating activities was strong in the quarter.Second quarter 2024   · Net sales

    Lindab acquires Danish ventilation company Venti

    Lindab complements its current operations in Denmark with the acquisition of Venti A/S. The acquisition gives Lindab better geographical coverage and increased production of ventilation ducts.Venti manufactures circular and rectangular ventilation ducts and is a distributor of ventilation products such as silencers, fittings, and a wide range of technical products for air diffusion. Sales and distribution take place in two locations in Denmark, outside Aarhus and Copenhagen. Venti does not sell Lindab products at present. "Venti is a customer-focused company with solid ventilation

    H2 Green Steel supports Lindab in reducing its CO\2\ footprint from steel

    Lindab committed very early to purchasing near zero emissions steel from H2 Green Steel. The two companies have since converted the early term sheet agreement into a 7-year supply contract with deliveries planned to start in 2026. The total volume covered by the contract is 159,000 tonnes of zero emissions steel.Lindab delivers solutions for energy-efficient ventilation and a healthy indoor climate to the construction industry. Buildings account for 40% of global energy consumption. Efforts to increase energy efficiency in the construction sector are therefore crucial to achieving the

    Annual General Meeting 2024 in Lindab International AB (publ)

    At the Annual General Meeting in Lindab International AB (publ) held today, the following resolutions were taken. The Meeting resolved the agenda items in accordance with the proposals of the Board and the Nomination Committee.Election of Board of DirectorsThe Meeting resolved to re-elect as members of the Board Peter Nilsson, Viveka Ekberg, Sonat Burman-Olsson, Anette Frumerie, Per Bertland, Marcus Hedblom and Staffan Pehrson. Peter Nilsson was re-elected as Chairman of the Board. Election of Auditor The Meeting resolved to re-elect the audit firm Deloitte AB as the Company's

    Lindab’s Interim Report January – March 2024: Stable development for Ventilation Systems

    Lindab’s sales decreased slightly during the first quarter. Business Area Ventilation Systems, which accounted for 80 percent of sales during the quarter, reported growth and an operating margin of 9.6 percent. Business Area Profile Systems has had a noticeable impact from reduced market activity and the operating margin amounted to -0.5 percent. Overall, this led to the Group’s operating margin amounting to 7.1 percent. Lindab acquired three ventilation companies in the quarter and is continuing to build a leading European ventilation group.First quarter 2024   · Net sales amounted

    Notice to the Annual General Meeting in Lindab International AB (publ)

    The shareholders of Lindab International AB (publ) (the “Company” or “Lindab”) are hereby invited to attend the Annual General Meeting to be held at 3 pm (CEST) on Tuesday May 14, 2024, at Lindab Experience Center in Grevie.Registration for the Annual General Meeting begins at 2 pm. The Board has resolved that the shareholders will be able to exercise their voting rights by postal voting in accordance with Chapter 7, Section 4a of the Swedish Companies Act (2005:551) and the Company’s articles of association. Shareholders may therefore choose to exercise their voting rights at the Annual

    Lindab’s Annual Report and Sustainability Report 2023

    Lindab has today published the Annual report and Sustainability report for 2023 in Swedish and English.This year's annual report outlines Lindab's plans until 2027, when the target is 20 billion in sales with at least a 10 percent operating margin. "For a better climate"™ is Lindab's overall purpose – to develop energy-efficient solutions for healthy indoor environments, and to do so in a way that also contributes to a better global climate. In this year's annual report, the sustainability information has also been expanded. Lindab has started the adaptation to the new legislation CSRD

    Lindab acquires the German ventilation distributor TGA KlimaPartner

    Lindab expands its presence in Germany with the acquisition of the business of TGA KlimaPartner. With the acquisition, Lindab strengthens its sales and distribution in northern Germany.TGA KlimaPartner is a well-established distributor of ventilation and indoor climate products with a strong local presence in northern Germany. Felderer, which Lindab acquired in 2022, will take over TGA KlimaPartner's operations as part of the agreement. This will be Felderer's second acquisition since becoming part of Lindab. The TGA KlimaPartner product range has clear similarities to Felderer's product

    Lindab delivers ventilation system in fossil-free steel to Castellum

    Lindab and Castellum are collaborating on duct systems in fossil-free steel for a renovation project in Stockholm, Sweden. Lindab is the first ventilation company in the world to receive a pilot delivery of fossil-free steel from SSAB. Castellum is significantly reducing the project's climate impact by choosing fossil-free ventilation ducts for its refurbishing.The majority of Castellum's climate impact comes from construction projects. To reduce the climate footprint, there is a major focus on using climate-efficient methods, products, and materials in renovations and new construction

    Lindab completes the acquisition of Airmaster

    On 19 January, Lindab announced the acquisition of Airmaster, a leading European company in decentralised ventilation. The acquisition was subject to approval by the competition authorities, which has been received. Lindab has today completed the acquisition and Airmaster will be part of Lindab from 1 March.Airmaster is a fast-growing Danish manufacturer of products for decentralised ventilation. The most important markets today are Germany, Denmark, Benelux, Norway and France. The company had sales of 356 MDKK in 2022 with an operating margin of 18 percent. Airmaster has achieved an

    Lindab’s full year report January – December 2023: Lindab achieves 10 percent operating margin for Ventilation Systems

    Lindab reported its highest fourth quarter ever in terms of sales. Both the operating margin and cash flow improved compared to the corresponding period previous year. For the full year, sales increased by 6 percent and the operating margin amounted to 9 percent. Ventilation Systems increased sales and reported over 10 percent operating margin for 2023. Profile Systems has adjusted the business well to changing market conditions. The operating cash flow for the full year was record strong.Fourth quarter 2023   · Net sales increased by 2 percent to SEK 3,274 m (3,223). Organic sales

    The Nomination Committee’s proposal regarding election of Board of Directors in Lindab

    The Nomination Committee in Lindab International AB (publ) consists of, Henrik Didner (chair), appointed by Didner & Gerge Fonder, Thomas Ehlin, appointed by Fourth Swedish National Pension Fund, Martin Nilsson appointed by First Swedish National Pension Fund and Peter Nilsson, chairman of the Board of Lindab International AB (publ).The Nomination Committee proposes re-election of the Board members Per Bertland, Sonat Burman-Olsson, Viveka Ekberg, Anette Frumerie, Marcus Hedblom, Peter Nilsson and Staffan Pehrson.   The Nomination Committee proposes re-election of Peter Nilsson

    Lindab delivers the world's first ventilation ducts in fossil-free steel to a construction project in Lund, Sweden

    Lindab will deliver the world's first ventilation ducts in fossil-free steel to an innovative construction project in Lund, Sweden. The real estate company Vectura is developing and managing the project, and Skanska handles the construction. The aim is for the property to be LEED Gold certified.The fossil-free steel comes from SSAB and is produced using the HYBRIT® technology. As one of few suppliers, Lindab has received a test delivery, which makes it possible to deliver products several years before the planned regular production of fossil-free steel, which is expected to begin in 2026.

    Lindab acquires Airmaster and establishes a new product area for decentralised ventilation

    Lindab has signed an agreement to acquire Airmaster, a leading European company in decentralised ventilation. With the acquisition, Lindab establishes a new product area within the Group, with the ambition that decentralised ventilation will reach sales of SEK 2 billion by 2027.Airmaster is a fast-growing Danish manufacturer of products for decentralised ventilation. The most important markets today are Germany, Denmark, Benelux, Norway and France. The company had sales of 356 MDKK in 2022 with an operating margin of 18 percent. Airmaster has achieved an average sales growth exceeding 10

    There are no items matching the current filter
    There are no more items matching the current filter
    Back to top

    Subscribe

    Media