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May 20 2024 17:29

220.00 SEK-4.20

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May 20 2024 17:29

220.00 SEK-4.20

Lindab receives a SEK 80 million order for a business and leisure centre in Russia

Lindab has received an order, worth approximately SEK 80 million, for a four-storey combined business and leisure centre in Barnaul, Siberia, Russia. The building will comprise 100,000 square metres and is the largest multi-storey building ever delivered by Lindab. The deliveries will take place throughout 2012.

Lindab's President and CEO David Brodetsky comments:

"Our focus remains strong on Russia, which is an exciting market with big potential. Our know-how in designing and delivering multi-storey buildings in a short space of time were key factors in this project."

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.

Contact:

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

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