Lindab International AB :Lindab reports two important ventilation orders in Belarus worth SEK 14 million

Lindab has been selected to provide the complete heating, cooling and ventilation solution for two customers in Belarus.

The first order is for a shopping centre and the second is for a furniture factory.  The orders are worth approximately SEK 7 m each and are both due for completion before the end of the year.

In both projects, the customers have already bought steel buildings from Lindab and these ventilation orders are evidence of their confidence in Lindab as a supplier.

Nils-Johan Andersson, Business Area Manager Lindab Ventilation, commented: "Belarus is a market with good potential and is a relatively new market for Lindab Ventilation. We are pleased to be able to build on the strong relations that our Building Systems business area already has forged with major end-customers. These orders are important showcases, with very energy-efficient integrated systems that offer a short pay-back for the property owners. "

 

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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 sales revenue of SEK 6,878 m in 2011, was established in 31 countries and had approximately 4,300 employees. The main market is non-residential construction, which accounts for 80 percent of sales, while residential accounts for 20 percent of sales. During 2011, the Nordic market accounted for 46 percent, CEE/CIS (Central and Eastern Europe as well as other former Soviet states) for 23 percent, Western Europe for 28 percent and other markets for 3 percent of total sales.

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