Business description: NIBE Industrier AB

NIBE Industrier AB is a leading company specializing in the manufacturing and marketing of heating systems and products in Europe. Net sales (including intragroup) break down by family of products as follows:

- heating and air-conditioning systems (63%): heat pumps, air conditioning systems, solar heating systems, household boilers, water heaters, cooling equipment, ventilation systems, solar panels, etc.;

- components and solutions for heating control and metering (27.2%);

- wood stoves (9.8%).

Net sales are distributed geographically as follows: Nordic countries (18.5%), Europe (44%), North America (31.1%) and other (6.4%).

Sales by Activity: NIBE Industrier AB

Fiscal Period: December 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK) 2025 (SEK)

Climate Solutions

24.42B 31.63B 38.73B 29.93B 26.92B

Element

10.06B 12.93B 13.92B 12.9B 11.28B

Stoves

3.72B 4.91B 5.81B 4.67B 3.48B

Eliminations

-7.37B -9.4B -11.81B -6.98B -836M

Geographical breakdown of sales: NIBE Industrier AB

Fiscal Period: December 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK) 2025 (SEK)

United States

- - 11.09B 11.07B 11.27B

Europe (Excl. Nordic Region)

14.28B 18.36B 16.45B 14.37B 10.22B

Netherlands

- - - - 4.18B

Nordic Countries Excl. Sweden

- - 4.96B 4.11B 3.98B

Sweden

- - 4.72B 3.38B 3.72B

Germany

- - 5.5B 3.47B 3.57B

Other Countries

1.77B 2.21B 2.37B 2.6B 2.55B

North America Excl. US

- - 1.56B 1.52B 1.34B

North America

7.6B 10.63B - - -

Nordics

7.18B 8.87B - - -

Executive Committee: NIBE Industrier AB

Manager TitleAgeSince
Chief Executive Officer 75 1988-12-31
Director of Finance/CFO 60 2010-12-31
General Counsel 44 2025-06-08
Investor Relations Contact - -

Composition of the Board of Directors: NIBE Industrier AB

Director TitleAgeSince
Director/Board Member 75 1988-12-31
Chairman 74 2014-12-31
Director/Board Member 68 2009-12-31
Director/Board Member 60 2021-12-31
Director/Board Member 56 2025-12-31
Director/Board Member 47 2023-12-31
Director/Board Member 59 2023-12-31

Shareholders: NIBE Industrier AB

NameStocks%Valuation
Alecta Tjanstepension Omsesidigt
5.64 %
100,548,971 5.64 % 402 M kr
3.655 %
65,160,044 3.655 % 261 M kr
AMF Tjänstepension AB
2.451 %
43,700,000 2.451 % 175 M kr
Nordea Investment Management AB
1.952 %
34,804,719 1.952 % 139 M kr
1.776 %
31,656,995 1.776 % 127 M kr
NameStocks%Valuation
14.75 %
34,378,312 14.75 % 137 M kr
14.75 %
34,378,312 14.75 % 137 M kr
11.8 %
27,511,952 11.8 % 110 M kr
2.948 %
6,872,500 2.948 % 27 M kr

Company details: NIBE Industrier AB

NIBE Industrier AB

Hannabadsvägen 5

285 21, Markaryd

+46 4 33 27 30 00

http://www.nibe.com
address NIBE Industrier AB(0RH0)

Group companies: NIBE Industrier AB

NameCategory and Sector
Building Products
Electronics/Appliances
Building Products
Electronic Equipment/Instruments
Backer Elektro CZ AS

Heating, Ventilation & Air Conditioning Systems

Change 5-day change 1-year change 3-year change Capi.($)
+0.51%-4.22%+7.34%+128.37% 99.66B
-0.82%-7.86%+32.22%+142.97% 86.61B
-2.42%-6.46%-13.62%+8.51% 49.43B
-0.12%-2.89%+6.93%-13.75% 36.49B
-2.52%-6.51%-34.27%+8.78% 13.79B
-2.74%-3.07%-27.30%-12.73% 11.98B
+1.17%+11.66%-7.66%-47.92% 8.93B
-0.91%+1.22%-15.57%-9.67% 8.52B
+0.76%+1.85%-23.61%+8.73% 7B
Average -0.79%-1.11%-8.39%+23.70% 35.83B
Weighted average by Cap. -0.63%-4.15%+6.00%+76.34%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
42.53SEK
Average target price
45.00SEK
Spread / Average Target
+5.81%

Quarterly revenue - Rate of surprise