Lindab supplies ventilation system worth around SEK 12 million for Audi's production facility in Hungary

Lindab has received an order worth approximately SEK 12 m to deliver the ventilation system for the extension of Audi's car production plant in Györ in north-west Hungary. The order includes Lindab's circular ducts and fittings and will be delivered to a tight time schedule between now and March 2012. 

Lindab's President and CEO, David Brodetsky, commented:
"The Hungarian economy has suffered greatly since the downturn. The fact that Audi is making a EUR 900 million investment and will create 1,800 new jobs sends a positive signal."

David Brodetsky continues:
"We are very pleased to be involved in this exciting project that includes strict demands for both product performance and logistics. Our Czech, German and Hungarian business units will collaborate in this project and this underlines one of the advantages of Lindab's extensive European operations to support major cross-border projects."

End

The information here is that which Lindab International AB has willingly chosen to make public or that which it is obliged to make public according to the Swedish Securities Market Act and/or the Financial Instruments Trading Act.

Contacts:

LINDAB
David Brodetsky, CEO
Email: david.brodetsky@lindab.com
Mobile: +46 (0)73 274 5418

Nils-Johan Andersson, Business Area Manager, Ventilation
Email: nils-johan.andersson@lindab.com  
Mobile: +46 (0)70 668 5075

Lindab - A Ventilation and Building Products company:

Lindab develops, manufactures, markets and distributes products and system solutions primarily in steel for simplified construction and improved indoor climate.

The business is carried out within three business areas, Ventilation, Building Components and Building Systems. 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 net sales of SEK 6,527 m in 2010, was established in 31 countries and had approximately 4,400 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2010, the Nordic market accounted for 45 percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet states) for 22 percent, Western Europe for 29 percent and other markets for 4 percent of total sales.

The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For more information visit www.lindabgroup.com