|
Market Closed -
CBOE
11:25:00 2026-08-25 EDT
|
5-day change | 1st Jan Change | ||
| 42.00 SEK | 0.00% |
|
+8.39% | +20.48% |
| 08-25 | German applications for heat pump subsidies jumped 113 percent year over year in June | FW |
| 08-25 | Handelsbanken raises Nibe forecasts, but valuation remains stretched | FW |
Business description: NIBE Industrier AB

- 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 | Title | Age | Since |
|---|---|---|---|
| Chief Executive Officer | 75 | 1988-12-31 | |
Hans Backman
DFI | Director of Finance/CFO | 60 | 2010-12-31 |
Terese Leire
LAW | General Counsel | 44 | 2025-06-08 |
| Investor Relations Contact | - | - |
Composition of the Board of Directors: NIBE Industrier AB
| Director | Title | Age | Since |
|---|---|---|---|
| Director/Board Member | 75 | 1988-12-31 | |
| Chairman | 74 | 2014-12-31 | |
| Director/Board Member | 68 | 2009-12-31 | |
Eva Thunholm
BRD | Director/Board Member | 60 | 2021-12-31 |
Henrik Elmin
BRD | Director/Board Member | 56 | 2025-12-31 |
James Ahrgren
BRD | Director/Board Member | 47 | 2023-12-31 |
Camilla Ekdahl
BRD | Director/Board Member | 59 | 2023-12-31 |
Company details: NIBE Industrier AB

Group companies: NIBE Industrier AB
| Name | Category and Sector |
|---|---|
Stovax Ltd.
Stovax Ltd. Building ProductsProducer Manufacturing Manufactures, designs and distributes wood burning stoves and fireside accessories |
Building Products
|
Gazco Ltd.
Gazco Ltd. Electronics/AppliancesConsumer Durables Manufactures wood burning, multi fuel, gas and electric stoves, fireplaces |
Electronics/Appliances
|
Backer OBR Sp zoo
Backer OBR Sp zoo Building ProductsProducer Manufacturing Manufactures and distributes tubular heating elements |
Building Products
|
Druzstevní závody Drazice-Strojírna sro
Druzstevní závody Drazice-Strojírna sro Electronic Equipment/InstrumentsElectronic Technology Manufactures water heaters |
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% |
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Quarterly revenue - Rate of surprise
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