Lindab International Ab · OMXSTO:LIAB
Lindab International Ab — Q1 2026 Earnings Presentation
11 slides from Lindab International Ab's earnings presentation, May 6, 2026
Slide 1: Lindab Group Q1 report 2026
Lindab Group Q1 report 2026 6 May 2026 Ola Ringdahl President & CEO Lars Ynner CFO
Slide 2: Q1 highlights
Q1 highlights Ventilation Systems showed stability; challenging quarter for Profile Systems Lindab Group Q1/26 Q1/25 • Group result influenced by weak sales Sales (SEK m) 3,003 3,214 and operating profit in Profile Systems. • Improved operating margin in Ventilation Organic growth - 3% - 3% Systems
Slide 3: Stable sales in Ventilation, but soft quarter for Profile Systems
Stable sales in Ventilation, but soft quarter for Profile Systems 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 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 23 23 23 23 24 24 24 24 25 25 25 2
Slide 4: Continued margin improvement in Ventilation Systems
Continued margin improvement in Ventilation Systems Adj. EBIT per quarter SEK m Ventilation Systems % SEK m Lindab Group % 300 18% 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% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q
Slide 5: Cash flow was temporarily impacted by timing effects in working capital
Cash flow was temporarily impacted by timing effects in working capital • Cash flow from operating activities amounted to SEK 45 m (160). • Net debt amounted to SEK 4,410 m (4,366), of which SEK 1,474 m (1,559) is related to leasing liabilities. • Net debt/EBITDA amounted to 2.6 (2.6). Financial net
Slide 6: Focus on profitable growth
ae ES Pe | eal ‘aa Focus on profitable growth
Slide 7: Strategic progress within Ventilation Systems
Strategic progress within Ventilation Systems • Increased focus on technical ventilation: Solid contribution from acquired companies such as Airmaster, Atib and Ventia. • Fire & Smoke: Strong growth in several markets. • Cost control: Structural measures and cost reductions have improved the gross m
Slide 8: The transformation of Profile Systems will continue
The transformation of Profile Systems will continue Strengthening profitability in Profile Systems • Exit of Profile Systems from Eastern Europe soon completed. Romania divestment signed and awaiting approval from authorities. Expected closing during Q2. • Necessary organisational and structural mea
Slide 9: Consequences of the conflict in Middle East
Consequences of the conflict in Middle East • Lindab Group has no operations in the Middle East. • Price adjustments announced in April to mitigate higher prices for steel, aluminium and freight – our objective is always to fully compensate for increased input costs. 9
Slide 10: Outlook: Uncertain market environment
Outlook: Uncertain market environment • Ventilation market expected to improve Forecast: European construction market gradually in 2026; Northern Europe Source: Euroconstruct (Nov-25) stabilised, Germany lagging behind. Non-residential Residential Total buildings (non-res + res) 6 • Stabilisation in
Slide 11: For a better climate.
Lindab Group For a better climate.