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07.10.25 - 17:24
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Susann Linde appointed as Vice CEO of Wallenstam (Cision)
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The Board of Directors has decided to appoint Susann Linde, CFO and Head of Investor Relations, as Vice CEO of Wallenstam. Wallenstam now has three Vice CEOs – Mathias Aronsson, Regional Director Stockholm and Uppsala, has been Vice CEO since 2007 and Marina Fritsche, Regional Director Gothenburg, has been Vice CEO since 2019.
“Susann Linde is well acquainted with Wallenstam's operations and has solid skills and extensive experience. She has extensive knowledge of the capital market and is used to communicating with owners as well as the capital and stock markets. Susann's combination of a...
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20.08.25 - 16:42
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Housing Market Cracks Widen: Top Siding Company Suffers Worst Stock Collapse In 50 Years (ZeroHedge)
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Housing Market Cracks Widen: Top Siding Company Suffers Worst Stock Collapse In 50 Years
James Hardie Industries - the world's largest producer of fiber cement products, headquartered in Ireland and dual-listed in Sydney and New York - issued a grim housing outlook that sent its Sydney shares plunging the most in 50 years. The warning underscores deepening cracks emerging in the U.S. housing market under the continued weight of elevated interest rates. President Trump issued a new warning overnight about those rates "hurting" the housing industry.
James Hardie generates about 70% of its revenue from North America. Its flagship product, HardiePlank, is widely used in residential housing as an alternative to wood or vinyl siding. That makes the company's earnings reports closely watched, given its heavy exposure to the U.S. housing market.
Its first-quarter results missed Wall Street expectations, highlighting ongoing uncertainty in the housing market. Quarterly profit dropped to...
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