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Lindab International AB (LIAB.ST)

LIAB.ST on Stockholm Stock Exchange

60.90SEK
21 Aug 2018
Change (% chg)

0.40kr (+0.66%)
Prev Close
60.50kr
Open
60.60kr
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61.00kr
Day's Low
60.10kr
Volume
861,148
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76,212
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87.50kr
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57.80kr

Latest Key Developments (Source: Significant Developments)

Lindab International Appoints Malin Samuelsson As CFO
Friday, 18 May 2018 

May 18 (Reuters) - Lindab International AB ::LINDAB APPOINTS NEW CFO.APPOINTED MALIN SAMUELSSON AS NEW CFO FOR LINDAB GROUP.SHE WILL BEGIN HER EMPLOYMENT BY SEPTEMBER 2018 AT LATEST.SAYS SAMUELSSON MOST RECENTLY SERVED AS VP FINANCIAL PLANNING FOR VESTAS GROUP AND BEFORE THAT AS CFO VESTAS NORTHERN EUROPE.  Full Article

Lindab Says CFO Kristian Ackeby Resigned
Wednesday, 14 Feb 2018 

Feb 13 (Reuters) - Lindab ::Lindab'S CFO RESIGNS.‍LINDAB WILL IMMEDIATELY INITIATE RECRUITMENT OF A NEW CFO​.SAYS LINDAB'S CFO, KRISTIAN ACKEBY, HAS GIVEN HIS TERMINATION NOTICE AND HAS DECIDED TO PURSUE A CARRIER OUTSIDE LINDAB.‍KRISTIAN ACKEBY WILL REMAIN IN HIS POSITION DURING NOTICE PERIOD UNTIL LINDAB HAS APPOINTED A SUCCESSOR​.  Full Article

Lindab Q4 operating profit, dividend below forecasts‍​
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Lindab ::Q4 ‍NET SALES INCREASED BY 7 PERCENT TO SEK 2,185 M (2,039)​.Q4 ‍ADJUSTED OPERATING PROFIT INCREASED BY 6 PERCENT TO SEK 119 M (112)​.Q4 ‍OPERATING PROFIT AMOUNTED TO SEK 109 M (112)​.SAYS ‍BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK 1.55 (1.40) PER SHARE​.REUTERS POLL: LINDAB Q4 SALES WERE SEEN AT 2,087 MILLION SEK, EBIT AT 119 MILLION SEK, DIVIDEND AT 1.68 SEK/SHARE.  Full Article

Lindab International appoints Ola Ringdahl as new CEO​
Friday, 12 Jan 2018 

Jan 12 (Reuters) - Lindab ::LINDAB INTERNATIONAL AB (PUBL): NEW PRESIDENT AND CEO IN LINDAB.SAYS ‍BOARD OF LINDAB INTERNATIONAL AB HAS APPOINTED OLA RINGDAHL AS NEW CEO AND PRESIDENT​.SAYS ‍OLA RINGDAHL WILL REPLACE FREDRIK VON OELREICH, WHO HAS BEEN ACTING CEO SINCE SEPTEMBER 29 2017​.SAYS ‍RINGDAHL HAS SINCE 2013 BEEN PRESIDENT AND CEO OF NORD-LOCK GROUP​.SAYS ‍OLA IS EXPECTED TO ASSUME HIS ROLE AT LINDAB DURING FIRST HALF OF 2018, AT LATEST JULY 11, 2018​.  Full Article

Lindab Q3 operating profit far below forecast​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Lindab :Q3 ‍net sales increased by 2 percent to SEK 2,081 m (2,042), of which organic growth amounted to 2 percent​.Q3 ‍adjusted operating profit decreased by 15 percent to SEK 162 m (190)​.Q3 ‍operating profit amounted to SEK 154 m (165)​.Reuters poll: Lindab Q3 sales were seen at 2,116 million SEK, EBIT at 207 million SEK.  Full Article

Lindab reviews options for non-ventilation businesses, including potential sale
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Lindab :Reg-Lindab International AB (publ): Lindab assesses strategic alternatives for its non-ventilation related businesses.Says ‍board has decided to assess structural alternatives, including a potential divestment, of its non-ventilation related businesses.Says non-ventilation related businesses include the Building Systems segment (representing 11% of 2016 sales) and other construction-related businesses with limited strategic value for the ventilation business​.Says ‍in total, aforementioned businesses under review are estimated to represent approximately 30% of Lindab Group sales.Says to support in this review process, Lindab has appointed SEB Corporate Finance as financial advisor​.  Full Article

Lindab to explore "structural alternatives" for Building Systems
Thursday, 28 Sep 2017 

Sept 28 (Reuters) - Lindab International Ab :Lindab says has decided to accelerate the strategy with a clearer focus on the ventilation business and to explore structural alternatives for Building Systems.Lindab says decided that the accelerated execution of the strategy will be supported by the introduction of a new CEO and therefore reached an agreement with the company's CEO Anders Berg about a release of his duties.Lindab says in the interim, Fredrik von Oelreich will assume the role of acting CEO.  Full Article

Lindab Q2 EBIT in line with forecasts
Thursday, 20 Jul 2017 

July 20 (Reuters) - Lindab :Q2 net sales increased by 5 percent to SEK 2,118 m (2,016).Q2 operating profit increased to SEK 151 m (138).Reuters poll: lindab Q2 sales were seen at 2,105 million SEK, EBIT at 151 million SEK.Reuters poll: lindab Q2 sales were seen at 2,105 million SEK, adjusted EBIT at 151 million SEK.  Full Article

Lindab Q1 operating profit tops forecast
Tuesday, 9 May 2017 

May 9 (Reuters) - Lindab :Q1 net sales increased by 6 percent to sek 1,858 m (1,752), of which organic growth amounted to 4 percent..Q1 operating profit increased by 13 percent to sek 79 m (70), excluding one-off items* of sek -1 m (-2)..Says we ended q1 with continued good development for products & solutions, but a weak result in building systems.Says we are beginning to see effects of business review in building systems and subsequent initiatives and measures that have been conducted..Reuters poll: Lindab q1 sales were seen at 1,843 million sek, adjusted ebit at 67.1 million sek.  Full Article