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Lindab International
Lindab International (LIAB) investor relations material
Lindab International Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Adjusted operating profit and margin improved year-over-year, led by profitability gains in Ventilation Systems and efficiency measures, despite negative currency effects.
Profile Systems continued to face challenges, with sales down 20% in Q4 due to weak construction activity, especially in Sweden and Denmark.
Cash flow was strong, and the board proposed a dividend increase to SEK 5.60 per share, reflecting confidence in future performance.
Structural measures, cost reductions, and divestments in Eastern Europe contributed to a more efficient organization and improved margins.
Financial highlights
Q4 net sales were SEK 3,134m, down 5% year-over-year, with organic growth at -3% and a -4% currency effect.
Adjusted operating margin for the group rose to 6.5% in Q4, with adjusted operating profit at SEK 203m.
Ventilation Systems achieved an adjusted operating margin of 8.5% in Q4, up from 7% the previous year.
Cash flow from operating activities reached SEK 521m in Q4.
Full-year profit for the period was SEK 760m, up 141% year-over-year.
Outlook and guidance
Market outlook is cautiously optimistic for 2026, with European construction and ventilation markets expected to return to growth, though Germany remains a concern.
Profile Systems anticipates stabilization in H1 2026 and potential growth in H2, but recovery may be delayed by geopolitical factors.
Actions are being taken to align with a scenario of flat sales in Germany for 2026.
Profile Systems: How will Eastern Europe exit impact profitability?
Ventilation Systems: What drives future margin expansion?
Airmaster contingent consideration: Impact on M&A strategy?
Profile Systems H2 recovery drivers?
M&A pace increase in 2026, despite valuation?
Germany market strategy given flattish outlook?
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Next Lindab International earnings date
Q1 20266 May, 2026
Lindab International
Next Lindab International earnings date
Q1 20266 May, 2026
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Frequently asked questions
Lindab International is a Sweden-based company that develops and manufactures ventilation and building products. The company offers systems for indoor climate control and sheet metal-based construction solutions, serving customers in the construction and industrial sectors. Lindab International is headquartered in Båstad, Sweden, and its shares are listed on the Nasdaq Stockholm.
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