Lindab Raises Financial Targets After Selling Building Systems Business

• (PLX AI) - Lindab updates its financial targets after selling its Building Systems business.
• • Lindab growth target is raised to 10% sales growth per year from the current 5-8%
• • Lindab says operating margin should now exceed 10% annually, compared to the previous target of average 10%
• • The targets for net debt and dividends are left unchanged
• • Lindab says streamlining operations and after the divestment of business area Building Systems focusing all efforts on Ventilation Systems and Profile Systems.
• • Says strong balance sheet means it can accelerate acquisitions