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Oct 30 2024 17:29

227.00 SEK-0.40

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Oct 30 2024 17:29

227.00 SEK-0.40

Lindab to close production of building products in the Czech Republic

Lindab has previously announced that the Profile Systems business area, which manufactures building products, evaluates structural measures to increase profitability. As part of this restructuring, Lindab has decided to close the production of products for Profile Systems in the Czech Republic.

Lindab currently has production facilities for both ventilation and building products in the Czech Republic. The ventilation business will remain unchanged, while the production of building products will be terminated at the end of the year. The closure will affect approximately 30 employees in production and warehousing. Customer relations will be taken over by Lindab Slovakia from January.

Contacts

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

Lars Ynner
CFO
E-mail: lars.ynner@lindab.com
Phone: +46 (0) 431 850 00

Lindab in brief
Lindab is a leading ventilation company in Europe. Lindab develops, manufactures, markets and distributes products and systems for energy-efficient ventilation and a healthy indoor climate. The products are characterised by high quality, ease of installation and environmental thinking.

The Group had sales of SEK 13,114 m in 2023 and is established in 20 countries with approximately 5,000 employees. The Nordic region accounted for 45 percent of sales in 2023, Western Europe for 42 percent, Central Europe for 12 percent and Other markets for 1 percent.
 
The share is listed on the Nasdaq Stockholm, Large Cap, under the ticker symbol LIAB.

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