News
May 9, 2017

Lindab International AB (publ): Next step in execution of our strategy


Lindab is committed to create leading solutions for the buildings of the future. We develop and design innovative, energy efficient products and solutions that are easy to use. We strive to offer high availability and world-class deliveries. In short, we are committed to make a positive impact that makes a difference for our customers and other stakeholders - every day.

To further strengthen the executional capabilities we now create the function "Energy and Climate Solutions", to manage the expansion of Lindab's overall product and solution development with sales and marketing as well as driving the development of the "digital value chain".

With great pleasure, Lindab announces the recruitment of Olof Christensson, who has been appointed to lead the newly established function of Lindab's Energy and Climate Solutions. In this capacity Olof will be part of Lindab's Executive Management Team with the official title of Executive vice President Energy and Climate Solutions. Olof comes most recently from the position as President Engineering Services at Semcon in Gothenburg.

Simultaneously, additional focus will be addressed to the long term development of Lindab's products and solutions with a responsibility to strengthen Lindab's R&D capacities to be fit for the future.

This function will be headed by Bengt Andersson, currently in the position of Lindab's Group Product and Marketing Director. Bengt will in his new capacity remain on Lindab's Executive Management Team with the official title of Executive vice President and Chief Technical Officer.

"We are convinced that Lindab is on the right track to optimise its current capabilities and at the same time is perfectly positioned to meet a very exciting future", says Anders Berg, President and CEO of Lindab Group.

This new organisational change will not affect the structure of Lindab's financial reporting.

The organisation will be operational as soon as possible and fully effective in early autumn this year.

End

Contact:

LINDAB 
Anders Berg, President and CEO
Email: anders.berg@lindab.com
Mobile: +46 (0)70 35 89155

Fredrik Liedholm, EvP Head of Legal, HR and M&A
Email : fredrik.liedholm@lindab.com
Mobile: +46 (0)72 38 85742
                                                                                                                                                                   

Lindab in brief:

Lindab develops, manufactures, markets and distributes products and system solutions for simplified construction and improved indoor climate. The products are characterised by their high quality, ease of assembly, energy efficiency, consideration towards the environment, and are delivered with high levels of service. Altogether, this increases customer value.

The Group had sales of SEK 7,849 m in 2016 and is established in 32 countries with approximately 5,100 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2016, the Nordic market accounted for 47 percent, Western Europe for 33 percent, CEE/CIS (Central and Eastern Europe plus other former Soviet states) for 17 percent, and Other markets for 3 percent of total sales.

The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm List, Mid Cap, under the ticker symbol LIAB.

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