Lindab International Ab · OMXSTO:LIAB
Lindab International Ab — Q3 2026 Earnings Presentation
12 slides from Lindab International Ab's earnings presentation, Oct 23, 2026
Slide 1: Lindab Group Q3 report 2026
Lindab Group Q3 report 2026 23 October 2026 Ola Ringdahl President & CEO Lars Ynner CFO
Slide 2: Q3 highlights
Q3 highlights • Organic growth in both business areas, driven by the Nordic region. Lindab Group Q3/26 Q3/25 • Inflation put pressure on operating margin, Sales (SEK m) 3,237 3,253 but improvement compared to Q2. +2% • Ongoing p rice adjustments to mitigate Organic growth - 4% Acquired growth* - 2%
Slide 3: Stronger sales in comparable units for both business areas
Stronger sales in comparable units for both business areas Sales per quarter, SEK m SEK m Ventilation Systems SEK m Lindab Group 3 000 4 000 2 500 Sales, SEK m 3 500 2 000 3 000 1 500 2 500 1 000 2 000 500 1 500 0 1 000 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 23 23 24 24 24 24 25 25 25 25 26 26 26 50
Slide 4: Profit recovery after weak Q2
Profit recovery after weak Q2 Adj. EBIT per quarter SEK m Ventilation Systems % % 300 18% SEK m Lindab Group 400 16% 250 15% 350 14% Adj. EBIT, SEK m 200 12% 300 12% Adj. EBIT R12 months, % 150 9% 250 10% 100 6% 200 8% 50 3% 150 6% 0 0% 100 4% Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 50 2% 23 23 24 24
Slide 5: Stable net debt development
Stable net debt development • Cash flow from operating activities amounted to SEK 235 m (335). • Net debt amounted to SEK 4,459 m (4,411), of which SEK 1,375 m (1,438) is related to leasing liabilities. • Net debt/EBITDA amounted to 2.8 (2.7). Financial net debt/EBITDA amounted to 2.4 (2. 1)*. MSEK
Slide 6: Focus on profitable growth
Zi Focus on profitable growth aa Th @ = sl - zag " Eig |
Slide 7: Cost and price adjustments to strengthen profitability
Cost and price adjustments to strengthen profitability • Cost increases of 5- 15% on transportation and key input materials due to geopolitical disturbances. • To mitigate higher costs, price adjustments have been implemented and the gross margin has improved. • Actions to further improve the operat
Slide 8: Gradual improvements in Profile Systems
Gradual improvements in Profile Systems • Organic growth +4% and continued improved sales trend. • Cost savings, reorganisation, a clear focus on Scandinavia, and improved market conditions. • Project sales have started to increase from low levels. • Production capacity for sandwich panels has retur
Slide 9: Acquisition of Irish ventilation distributor and Italian smoke control company
Acquisition of Irish ventilation distributor and Italian smoke control company • Acquisition of Irish ventilation distributor Connaught Ventilation Supplies (CVS) – Based in Galway. – Turnover approximately 2 MEUR. – Completed in July. • Acquisition of Italian smoke control company Aernova – Based i
Slide 10: Good prospects for growth
Good prospects for growth • Increased focus on energy efficiency. • Solid growth for room ventilation and fire safety, and a stronger focus on sales to specifiers. • Growing deliveries to data centres and defence - related projects. • Capacity for bolt - on acquisitions with a Image from a recent ca
Slide 11: Outlook: Gradual market recovery
Outlook: Gradual market recovery • Improving market conditions in the Forecast: European construction market Source: Euroconstruct (Jun-26) Nordics. Non-residential Residential Total buildings (non-res + res) 6 • Continued weak outlook for Germany. 4 • Modest growth in the underlying 2.6 1,7 2,1 2,1
Slide 12: For a better climate.
Lindab Group For a better climate. 12