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Saturday, 01 Nov 2008
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Lindab International Q3 net sales up by 9% YoY
Saturday, 01 Nov 2008

Sweden's Lindab International has released third quarter numbers on their sales. Net sales were up by 9% YoY and operating profit up 8% YoY. Sales totaled SEK 2,717 million and operating profit came in at SEK 458 million.

Mr David Brodetsky president & CEO of Lindab ahs expressed satisfaction with the numbers. He said that "The organic growth is 5% and the operating margin remains at the same level, which is satisfactory given the current market and the increases in steel prices during the quarter."

 

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