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Lindab International AB ( (SE:LIAB) ) has shared an announcement.
Lindab International AB has announced the divestment of its profile operations in Hungary, which is part of a broader restructuring strategy for its Profile Systems business area in Eastern Europe. This move allows Lindab to concentrate on its core ventilation business in Hungary while the profile operations will be taken over by a local company linked to ROVA-SK a.s. The transaction is expected to enhance the margin for Profile Systems and improve capital efficiency, with completion anticipated in the fourth quarter of the year.
The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK293.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.
More about Lindab International AB
Lindab is a leading European company specializing in ventilation products and systems aimed at providing energy-efficient solutions and promoting a healthy indoor climate. The company is known for its high-quality, easy-to-install products with a focus on environmental sustainability. Lindab operates in 20 countries with around 5,000 employees and had sales of SEK 13,323 million in 2024, with significant market presence in Western Europe and the Nordic region.
Average Trading Volume: 116,718
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK16.43B
Learn more about LIAB stock on TipRanks’ Stock Analysis page.