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European ventilation and building products manufacturer
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In short: Lindab Group reported mixed financial results, finalized its exit from Eastern European profile operations, and expanded into Ireland.
The Group's operating result was held back by higher costs for materials and transport due to geopolitical disruptions. Lower profitability in Germany, France and the Netherlands also had an impact.
The deal establishes Lindab in western Ireland with high construction activity, and CVS has a turnover of approximately 2 million euros with high profitability.
The divestment was completed after regulatory approval and means that Profile Systems leaves Eastern Europe. The buyers are Marián Kapusta Sr. and Jr. within the ROVA Group.
The board's and the nomination committee's proposals were approved, including dividend, board elections, share buybacks and performance share program.
Earnings call Lindab Group reported a mixed Q1, with stable performance and margin improvement in Ventilation Systems but significant weakness in Profile Systems, leading to...
Lindab Group acquires Irish ventilation distributor Connaught Ventilation Supplies (CVS). With the acquisition, Lindab Group will be established in western Ireland, a region with high...
The divestment of Lindab Group's operations in Romania has now been completed after approval from national authorities. This completes business area Profile Systems' exit from...
PRESS RELEASE 12 May 2026 At the Annual General Meeting in Lindab International AB (publ) held today, the following resolutions were taken. The Meeting resolved...
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