Brief: Lindab BOD Proposes Dividend Of SEK 5.20 Per Share

Lindab International AB

09/02/2023 06:42

Feb 9 (Reuters) - Lindab International AB  LIAB.ST :
    * BOARD OF DIRECTORS PROPOSES A DIVIDEND OF SEK 5.20 (4.00)
PER
SHARE
    * HAS BEEN AFFECTED BY FLUCTUATIONS IN RAW MATERIAL PRICES
AS WE
PRIORITISE HIGH DELIVERY CAPACITY AND NECESSARY SAFETY STOCKS
    * IN Q4 OF 2022, EFFECT WAS REVERSED AND FALLING RAW
MATERIAL
PRICES PUT TEMPORARY PRESSURE ON OPERATING MARGIN
    * IN 2021, LINDAB BENEFITED FROM STRONG CHANGES IN MATERIAL
PRICES, WHICH CONTRIBUTED TO A HIGH OPERATING MARGIN
    * TOGETHER WITH COST INCREASES DUE TO INFLATION, THIS LED TO
AN
OPERATING MARGIN IN Q4 THAT WAS LOWER THAN DESIRED
    * NEW CONSTRUCTION ACTIVITY DECLINED IN Q4 AND MARKET
DEVELOPMENT
IN 2023 IS DIFFICULT TO PREDICT

Source text for Eikon:  ID:nWkrbql9m6 
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