Sweden's Lindab Q1 sales fall 7%, miss expectations

Lindab International AB

06/05/2026 06:12

Overview

Sweden ventilation supplier's Q1 sales fell 7%, missing analyst expectations

Adjusted EPS for Q1 dropped to SEK 1.41 from SEK 1.89

Company says Profile Systems unit weighed on results due to weak project market, harsh winter

Outlook

Lindab aims to offset higher raw material and transport costs through price adjustments

Result Drivers

VENTILATION SYSTEMS STABILITY - Stable sales and improved operating margin in Ventilation Systems, supported by efficiency measures and proactive project sales, especially in the Nordics

HIGHER INPUT COSTS - Group faced increased raw material and transport costs due to geopolitical tensions, aiming to offset these with price adjustments

Company press release: ID:nWkr8CvM9B

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Miss
SEK 3.003 bln
SEK 3.07 bln (3 Analysts)
Q1 Adjusted EPS
SEK 1.41
Q1 Net Income
SEK 108 mln
Q1 EBIT
SEK 188 mln
Q1 Organic Growth
-3.00%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy."

Wall Street's median 12-month price target for Lindab International AB is SEK183.50, about 22.3% above its May 5 closing price of SEK150.00

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)