Lindab International AB (FRA:L5E)
€ 20.22 0.93 (4.82%) Market Cap: 1.54 Bil Enterprise Value: 1.90 Bil PE Ratio: 25.62 PB Ratio: 2.34 GF Score: 86/100

Q3 2020 Lindab International AB Earnings Call Transcript

Oct 23, 2020 / 11:00AM GMT
Release Date Price: €15.7 (+1.03%)
Operator

Hello, and welcome to Lindab Q3 2020 Report. (Operator Instructions)

Today, I'm pleased to present Ola Ringdahl, CEO; and Malin Samuelsson, CFO. Please begin your meeting.

Ola Ringdahl;publ;President;CEO
Lindab International AB

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Hello, everyone, and welcome to this call. My name is Ola Ringdahl, and I'm the President and CEO of the Lindab Group. And I'm sitting here together with our CFO, Malin Samuelsson.

On Slide 2, we have today's agenda, and I will quickly flip to Slide #4 where we talk about the highlights from the third quarter.

In the third quarter, we saw stability and recovery. We increased sales compared to the second quarter and we see a clear recovery in the major markets. Compared to the third quarter previous year, sales was a bit lower as many countries are still impacted by COVID-19.

Ventilation Systems had a challenging second quarter but is now back on almost the same level as previous year. Profile Systems, they have continued to perform very well

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