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2014-04-29

Lindab International AB: Lindab International AB :Lindab's Report for the First Quarter 2014

First quarter 2014:

* Sales revenue increased by 12 percent to SEK 1,506 m (1,341), an increase
of 11 percent when adjusted for currency and structure.
* Operating profit (EBIT) increased to SEK 60 m (13), excluding one-off items
of SEK -3 m (-6).
* The operating margin (EBIT), excluding one-off items, increased to 4.0
percent (1.0).
* The after-tax result increased to SEK 14 m (-28).
* Earnings per share increased to SEK 0.18 (-0.37).
* Cash flow from operating activities amounted to SEK -266 m (3).

Lindab's President and CEO, Anders Berg, commented:
"We are pleased to be able to present a first quarter with the best profit
since 2008. Weather conditions in our markets have been more favourable for
construction activities this year than in the previous years, which of course
has had a positive impact. Overall, the market is showing more positive
signals, while we remain cautious about an overly positive interpretation of
underlying markets, since seasonally the first quarter is generally the
lowest in terms of sales and profitability. It is also important to remember
that Lindab's business is late-cyclical.

Looking at the factors we ourselves can influence, we have our new
organisation in place, which has begun to generate a positive impact. We now
have the platform we want and we are developing and refining our road-map
"Back to Basics - Into the Future". During the quarter there were several
activities to increase organic growth, in the case of both development in
distribution and increased project sales. Our aim is to create more
interfaces with our customers, increase availability, and develop products
and solutions that help our customers to do better business. A good example
of this is the acquisition of NovoClima, manufacturer of our waterborne
indoor climate products, where we have secured availability by controlling
the entire value chain, which will strengthen our offering of these products
going forward.

In the current climate there is, unfortunately, concern, in particular with
regard to Ukraine and Russia, which of course affects all of us. The Russian
economy was already showing signs of decline before the events in Crimea and
it is difficult to say how much of an effect the prevailing uncertainty in
the region will have on our sales. It is quite clear however that the current
situation is generating more questions than answers, while we also believe
that over time we will be able to develop our business further in the region.

In conclusion, we have had a good start to 2014 and there is good energy in
the organisation with many activities with our customers. Let's take this
with us moving forward!"

End

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|The information here is that which Lindab International AB has willingly |
|chosen to make public or that which it is obliged to make public according to |
|the Swedish Securities Market Act and/or the Financial Instruments Trading |
|Act. |
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Contacts:

LINDAB
Anders Berg, CEO
Email:anders.berg@lindab.com

Mobile: +46 (0) 70 35 89155

Per Nilsson, CFO
Email:per.nilsson@lindab.com

Mobile: +46 (0)70 33 85069

Lindab - A Ventilation and Building Products company:

Lindab develops, manufactures, markets and distributes products and system
solutions primarily in steel for simplified construction and improved indoor
climate.
The products are characterised by their high quality, ease of assembly, energy
efficiency, consideration towards the environment, and are delivered with
high levels of service. Altogether, this increases customer value.
The Group had sales revenue of SEK 6,523 m in 2013 and is established in 32
countries with approximately 4,400 employees. The main market is
non-residential construction, which accounts for 80 percent of sales, while
residential accounts for 20 percent of sales.During 2013, the Nordic market
accounted for 46 percent, the CEE/CIS (Central and Eastern Europe plus other
former Soviet states) for 24 percent, Western Europe for 27 percent and other
markets for 3 percent of total sales.
The share is listed on the Nasdaq OMX Nordic Exchange, Stockholm, Mid Cap. For
more information visitwww.lindabgroup.com

Report First Quarter 2014
http://hugin.info/1122/R/1780526/608882.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lindab International AB via Globenewswire

HUG#1780526

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