Brief: Lindab Q1 Operating Profit Rises To SEK 321 Million

Lindab International AB

28/04/2022 07:21

April 28 (Reuters) - Lindab International AB  LIAB.ST :
    * LINDAB'S INTERIM REPORT JANUARY - MARCH 2022: RECORD
STRONG
START OF THE YEAR
    * Q1 NET SALES SEK 2,733 MILLION VERSUS SEK 2,099 MILLION
YEAR AGO
    * Q1 OPERATING PROFIT SEK 321 MILLION VERSUS SEK 208 MILLION
YEAR
AGO
    * AT BEGINNING OF 2022, RUSSIA, BELARUS AND UKRAINE
ACCOUNTED FOR
0.5 PERCENT OF OUR SALES.
    * REMAINING OPERATIONS IN RUSSIA ARE NOW BEING PHASED OUT.
    * WE ARE PREPARING FOR AN UNCERTAIN ECONOMIC SITUATION WITH
A RISK
OF REDUCED CONSTRUCTION ACTIVITY
    * OUTLOOK: DEMAND FOR EFFICIENT VENTILATION MAY PARTLY
OFFSET
UNCERTAIN ECONOMIC OUTLOOK FOR CONSTRUCTION INDUSTRY.

Source text for Eikon:  ID:nPreZ0xcxa 
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