News
March 23, 2020

Lindab’s Board of Directors changes dividend proposal – last year's dividend level is maintained


The Board of Directors proposes to the AGM to decide on a cash dividend of SEK 1.75 per share (1.75), which differs from SEK 3.60 per share previously communicated. The Board of Directors’ decision has been made in light of the general uncertainty created by the measures taken to slow down the spread of covid-19.

Lindab increased its profits in 2019 and has a strong financial position. The previous dividend proposal reflected Lindab's solid balance sheet and strong results and the updated dividend policy from December 2019. At present, the global financial outlook is very uncertain. The European business sector is in a difficult position. The Board of Directors therefore proactively takes a cautious approach. The proposal is that the previous year's dividend level is maintained unchanged.

The Board of Directors further proposes that the dividend will be distributed in two equal parts, with a payment of SEK 0.875 per share per payment date.

As record date for dividend the following dates are proposed:

  • 4 May 2020 with payment expected on 7 May 2020,
  • 2 November 2020 with payment expected on 5 November 2020.

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For more information, contact:

Peter Nilsson
Chairman of the Board
Phone: +46 (0) 431 850 00

Ola Ringdahl
President & CEO
E-mail: ola.ringdahl@lindab.com
Phone: +46 (0) 431 850 00

Catharina Paulcén
Corporate Communications
E-mail: catharina.paulcen@lindab.com
Mobile: +46 (0) 701 48 99 65

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