Lindab says restructuring in eastern Europe will result in one-time costs of 400 Mln SEK, which will be recognised in Q4 of 2024
T-Reuters
12 Dec 2024
Lindab International AB :Restructuring Of Lindab In Eastern Europe To Focus On Ventilation.Lindab - A Decision Has Been Made To Divest Profile Business In Slovakia, Romania And Hungary During 2025.Lindab - Decided Restructuring Will Result In One-Time Costs, Which Will Be Recognised In Q4 Of 2024, Amounting To In Total Approximately 400 Msek.Lindab - One-Time Costs Do Not Have A Significant Effect On Cash Flow.Lindab - Goodwill Impairment Amounts To 250 Msek.Lindab - Approximately 150 Msek Refers To Asset Write-Downs And Costs For Divestment And Discontinuation.Lindab - Business Operations Within Ventilation Systems Will Continue As Before In Poland, Czech Republic, Hungary And Baltic States.
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