Large Cap is Nasdaq Stockholm’s segment for companies with a market value of above EUR 1 billion, corresponding to approximately SEK 10 billion. Lindab currently has a market value of approximately SEK 22 billion.

“Lindab has successfully implemented a strategy with increased focus, decentralization and emphasis on profitability. We invest in efficient production and have also completed several acquisitions of quality companies. Our competent employees are constantly focusing on customer value, and the demand for Lindab's products benefits from a growing interest in sustainable indoor environments. Lindab's market valuation has increased thanks to improved results and a positive outlook. We are proud of the transfer to the Large Cap segment and the quality mark it brings”, says Ola Ringdahl, President and CEO of Lindab.

For more information about Nasdaq’s changes, see their announcement.