Investor Relations - Lindab

 

Interim Report January - September 2020

 

Third quarter 2020 
 
• Net sales decreased by 6 percent to SEK 2,302 m (2,462). Organically, sales declined with 4 percent.
• Adjusted1) operating profit decreased by 4 percent to SEK 262 m (273).
• Operating profit amounted to SEK 266 m (273).
• Adjusted1) operating margin increased to 11.4 percent (11.1).
• Operating margin increased to 11.6 percent (11.1).
• Profit for the period amounted to SEK 198 m (212).
• Earnings per share, before and after dilution, amounted to SEK 2.59 (2.78).
• Cash flow from operating activities increased to SEK 452 m (395).
• In July, Lindab acquired the Swedish company Crenna Plåt AB, a leading manufacturer of high-quality rectangular ventilation ducts in the Swedish market.
• In September, Lindab divested IMP Klima Group, manufacturer of air handling units in Slovenia.
• After the end of the quarter, Ekovent, a leading Swedish manufacturer of ventilation and fire protection products, was acquired.
 
 
January - September 2020

• Net sales decreased by 7 percent to SEK 6,852 m (7,346). Organically, sales declined with 6 percent.
• Adjusted1) operating profit decreased by 5 percent to SEK 668 m (703).
• Operating profit amounted to SEK 598 m (703).
• Adjusted1) operating margin increased to 9.7 percent (9.6).
• Operating margin amounted to 8.7 percent (9.6).
• Profit for the period amounted to SEK 410 m (535).
• Earnings per share, before and after dilution, amounted to SEK 5.37 (7.01).
• Cash flow from operating activities increased to SEK 773 m (651).
 
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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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