Q3 2022 Lindab International AB Earnings Call Transcript
Good morning, and welcome to the Lindab Q3 2022 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.
I would now like to turn the conference over to Ola Ringdahl. Please go ahead.
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Thank you very much. Hello, and welcome to this call. My name is Ola Ringdahl, and I'm the President and CEO for Lindab Group. Next to me, I have our CFO, Jonas Arkestad, who will help me to answer questions.
Let's start on Slide #2. Lindab continues to develop in a positive direction. We have gone through a major transformation in the past 3 years. We have divested out from billing systems and focus on our core business in the HVAC and ventilation segment. We have upgraded our production sites through an ambitious investment program, and we have managed to complete 17 acquisitions in the past 2.5 years.
In Q3, Lindab increased sales by 30%, of which 20% are related to acquisitions. Felderer in Germany and
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