Investor Relations - Lindab

 

Interim Report Q2, published 17 July 2020

 

 Second quarter 2020
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• Net sales decreased by 14 percent to SEK 2,218 m (2,569). Organically, sales declined with 12 percent.
• Adjusted1) operating profit decreased by 7 percent to SEK 222 m (238).
• Operating profit amounted to SEK 148 m (238).
• Adjusted1) operating margin increased to 10.0 percent (9.3).
• Operating margin amounted to 6.7 percent (9.3).
• Profit for the period amounted to SEK 76 m (181).
• Earnings per share, before and after dilution, amounted to SEK 1.00 (2.38).
• Cash flow from operating activities increased to SEK 295 m (177).
• In June Lindab acquired 95 percent of the Irish ventilation company Smofir Trading Ltd., licensor of the technology under the trademark Thor Duct.
• The quarter includes one-off items and restructuring costs of SEK -74 m (-) due to Lindab´s strategic decision to close the IMP Klima Group.
 
 
January - June 2020

• Net sales decreased by 7 percent to SEK 4,550 m (4,884). Organically, sales declined with 7 percent.
• Adjusted1) operating profit decreased by 6 percent to SEK 406 m (430).
• Operating profit amounted to SEK 332 m (430).
• Adjusted1) operating margin increased to 8.9 percent (8.8).
• Operating margin amounted to 7.3 percent (8.8).
• Profit for the period amounted to SEK 212 m (323).
• Earnings per share, before and after dilution, amounted to SEK 2.78 (4.23).
• Cash flow from operating activities increased to SEK 321 m (256).
 
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1) Adjusted operating profit/operating margin does not include significant one-off items and restructuring costs.

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Malin Samuelsson

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