Lindab has today published its Annual Report 2010. It is also available on the corporate website, www.lindabgroup.com
In the introduction of the CEO foreword, Lindab's President and CEO David Brodetsky says that 2010 "has definitely been a step in the right direction. We have done many good things that have strengthened our position and which will enable us to take advantage of long-term developments."
"We will benefit from our early decision not to exit any markets. When demand picks up we should be quickly able to take advantage and gain share", he continues. "We have consolidated our production and now have a better manufacturing footprint, notably by increasing our presence in key emerging markets such as Russia."
President and CEO David Brodetsky concludes the CEO foreword with a forward-looking statement for 2011:
"We expect 2011 to be a year with growth, but this will be limited in the non-residential construction segment. We are continuing to focus on cost control, but the most important thing is that we implement sales activities and other initiatives in line with our updated strategy."