NIBE INDUSTRIER AB N overview

The Annual Report for NIBE Industrier for 2023 is now available on the website, www.nibe.com. The complete annual report is sent to all shareholders who have informed the company that they wish to receive written information. For more information: Gerteric Lindquist, CEO and Hans Backman, CFO; +46 (0) 433-27 30 00 This press release contains information that NIBE Industrier AB (publ) is obliged to make public pursuant to the Swedish Securities Markets Act. This information was submitted by the...

The shareholders of NIBE Industrier AB (publ) are hereby invited to attend the Annual General Meeting on Thursday 16 May 2024, at 5.00 p.m. in Contura’s new fire place factory, Hyltevägen 34, Markaryd. Between 1.00 and 4.00 p.m. the shareholders are welcome to visit Contura’s product exhibition at Skulptörvägen 10 as well as NIBE Energy Systems’ product exhibition and Vetenskapshuset at Hannabadsvägen 1 in Markaryd. RIGHT TO PARTICIPATE Shareholders are entitled to participate in the...

The start of 2024 has confirmed much weaker demand in the European heat pump market. To properly deal with this situation in a responsible manner, on February 16th this year we announced that we would be introducing a plan in response that would be aimed at reducing staff and overhead costs, particularly within NIBE Climate Solutions in Europe. We are now entering into negotiations to implement these measures in order to align costs and staffing with the current lower sales volumes, we are also...

Large fluctuations in demand and a clear decline in the European heat pump market in the second half of the year. Action program to be initiated. Target of SEK 80 billion remains unchanged. Sales rose by 16.4% to SEK 46,649 (40,071) million Profit after net financial items amounted to SEK 6,331 (5,675) million Profit after net financial items in the previous year was boosted by non-recurring gains of SEK 118 million: SEK -114 million in Q1 and SEK +232 million in Q2 Earnings per share amounted...

Fredrik Erlandsson, the current Head of Corporate Communications and Investor Relations at Thule Group (publ), has been appointed Head of Corporate Communications and Investor Relations and a member of NIBE Industrier AB’s Management team. For the past 13 years, Fredrik has been part of the Management team at the Thule Group, playing a key role in the company’s repositioning as a global lifestyle company. Since the Group’s listing in 2014, Fredrik has been responsible for its collective...

Klas Dahlberg, currently Head of Business Area NIBE Climate Solutions, has been appointed new Managing Director and CEO of Hexpol AB (publ), a position he will take up July 1, 2024 at the latest. The recruitment process to find his successor will begin straight after the approaching Christmas and New Year holidays. For more information: Hans Linnarson, Chairman of the Board and Gerteric Lindquist, CEO, +46 (0)433 27 30 00 This press release contains information that NIBE Industrier AB (publ) is...

NIBE Industrier AB has acquired 70% of the shares in Danish LS Control A/S. The remaining 30% of the shares are to be acquired in two stages by 2028 at the latest. LS Control develops, manufactures and sells electronics for control and regulation to customers in the ventilation and heat pump industry. The company also has customers in medical technology, laboratory equipment and professional catering. The company’s range consists partly of customer-unique products and partly of a standard...

Overall, good demand so far but with large variations. Return to normal delivery times. Sales rose by 23.2% to SEK 34,993 (SEK 28,404) million Profit after net financial items amounted to SEK 4,953 (3,904) million. Profit after net financial items in the previous year was boosted by non-recurring gains of SEK 118 million: SEK -114 million in Q1 and SEK +232 million in Q2 Earnings per share amounted to SEK 1.89 (SEK 1.48) Acquisitions of Miles Industries of Canada, Climate for Life of the...