Lindab International Ab · OMXSTO:LIAB
Lindab International Ab — Q2 2026 Earnings Presentation
11 slides from Lindab International Ab's earnings presentation, Jul 17, 2026
Slide 1: Lindab Group Q2 report 2026
Lindab Group Q2 report 2026 17 July 2026 Ola Ringdahl President & CEO Lars Ynner CFO
Slide 2: Q2 highlights
Q2 highlights Organic growth but pressure on margins Lindab Group Q2/26 Q2/25 • Group sales increased slightly. Sales (SEK m) 3,306 3,253 • Margins affected by higher transportation and input material costs, and lower Organic growth +1% - 6% profitability in key ventilation markets due Acquired grow
Slide 3: Organic growth driven by Profile Systems
Organic growth driven by 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 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 23 23 23 24 24 24 24 25 25 25 25 26 26 500 0 SEK m Profile
Slide 4: Margins affected by challenging market and cost inflation
Margins affected by challenging market and cost inflation 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% Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q
Slide 5: Good cash conversion in the quarter
Good cash conversion in the quarter • Cash flow from operating activities amounted to SEK 275 m (331). • Net debt amounted to SEK 4,497 m (4,456), of which SEK 1,410 m (1,504) is related to leasing liabilities. • Net debt/EBITDA amounted to 2.7 (2.7). Financial net debt/EBITDA amounted to 2.3 (2. 1)
Slide 6: Cost inflation due to disruptions caused by the geopolitical situation
Cost inflation due to disruptions caused by the geopolitical situation • Cost increases on 5- 15% on transportation and key input material. • To mitigate higher costs, price adjustments have been announced and partly implemented. • Challenges to fully compensate in a weak market. 6
Slide 7: Focus on profitable growth
Focus on profitable growth 7
Slide 8: Acquisition of Irish ventilation distributor and divestment of Romanian operations
Acquisition of Irish ventilation distributor and divestment of Romanian operations • Acquisition of Irish ventilation distributor Connaught Ventilation Supplies (CVS) – Based in Galway, western Ireland. – Turnover approximately 2 MEUR. – Completed in July. • Divestment of Romanian operations – The d
Slide 9: Opportunities to create value
Opportunities to create value • Capacity for bolt-on acquisitions with a continued commitment to financial discipline. • Stronger focus on technical ventilation and specifiers. • Solid sales growth in fire and smoke protection systems. • Broader market reach for decentralised ventilation. • Growing
Slide 10: Outlook: Delayed recovery
Outlook: Delayed recovery • Euroconstruct’s forecast for the Forecast: European construction market Source: Euroconstruct (Jun-26) European construction sector has been Non-residential Residential Total buildings (non-res + res) revised down slightly. 6 • The geopolitical situation has delayed 4 2.6
Slide 11: For a better climate.
Lindab Group For a better climate.