Lindab International (LIAB) SEB Nordic Seminar 2025 Presentation summary

Company overview

• Leading European ventilation company with operations in 20 countries, 5,000 employees, and SEK 13 billion in revenue.

• Purpose centers on improving indoor environments and contributing to planetary sustainability.

Market position and strategy

• Operates in a growing market driven by energy efficiency and indoor climate demands.

• Maintains strong brands, high-quality products, and a decentralized distribution network.

• Sustainability is integral to offerings and business model.

• Pursues a clear M&A strategy, acquiring well-managed ventilation companies.

Financial performance and targets

• Targets annual growth rate above 10% through organic and acquired growth.

• Aims for operating margin above 10%, excluding one-offs and restructuring.

• Net debt/EBITDA ratio kept below 3.0, maintaining financial discipline.

• Market decline in 2024 pressured operating margins, with group adj. EBIT margin at 8.5% R12M Sep 2024.

• Solid cash flow from operating activities maintained throughout 2022–2024.