January - March 2011
  * Sales revenue increased by 12 percent to SEK 1,377 m
(1,234), an increase of
    19 percent when adjusted for currency and
structure.
  * Operating profit (EBIT) amounted to SEK -7 m (-50), excluding
one-off items
    of SEK -17 m (75).
  * The operating margin (EBIT), excluding
one-off items, amounted to -0.5
    percent (-4.1).
  * The after-tax result
amounted to SEK -52 m (-28), including one-off items of
    SEK -17 m (75).
  *
Earnings per share amounted to SEK -0.69 (-0.37), including one-off items.
  *
Cash flow from operating activities amounted to SEK -239 m (-172)


Lindab's
President and CEO, David Brodetsky commented:

"In the first quarter sales and
operating profit (EBIT) improved for the third
successive quarter confirming
the positive trend.

The sales growth of 19 percent in the quarter is
satisfying, however, the
underlying demand is hard to judge since the first
quarter is low season and, in
addition, the comparative quarter last year was
strongly affected by the weather
conditions.

In the interim report for the
fourth quarter 2010 we indicated that it is
unlikely that Lindab's organic
growth target of 8 percent will be achieved for
the full year 2011. This was
based on external market growth forecasts and
excludes price effects in 2011 to
compensate for rising steel prices. The
underlying market conditions have not
changed since then and steel linked price
movements are difficult to predict,
consequently we maintain our outlook for the
full year 2011. However, as stated
before, we expect to outperform the general
construction market."

 END

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.

  * An
audiocast telephone conference will be held at 10:00 (CET). The report
    will
be presented by David Brodetsky, President and CEO, and Per Nilsson,
    acting
CFO.
  * To access the telephone conference, please call UK +44 (0)20 7806 1967
a few
    minutes before the scheduled start. Alternatively, call the Swedish
number
    +46 (0)8 5051 3643.
  * The conference and presentation can also be
followed live online via
    the link, or via Lindab's
homepage


Financial calendar 2011:


Annual General Meeting, 11 May
Interim
Report Q2, 18 July
Interim Report Q3, 25 October


Contact:

LINDAB
David
Brodetsky, CEO
Email:david.brodetsky@lindab.com
Mobile: +46 (0)73 274
5418



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 business
is carried out within three business areas, Ventilation, Building
Components
and Building Systems. 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 net sales of SEK 6,527 m in 2010, was established in 31
countries
and had 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 2010, the Nordic market
accounted for 45
percent, CEE/CIS (Central and Eastern Europe as well as other
former Soviet
states) for 22 percent, Western Europe for 29 percent and other
markets for 4
percent of total sales.

The share is listed on the Nasdaq OMX
Nordic Exchange, Stockholm, Mid Cap, under
the ticker symbol LIAB. The
principal shareholders are Ratos, Sjätte AP-fonden
and Skandia Liv. For more
information visit  www.lindabgroup.com

[HUG#1508957]