Trade Nobia - NOBI CFD

Nobia Company profile

About Nobia AB

Nobia AB is a Sweden-based company engaged in the furniture industry. The Company designs, manufactures and sells kitchen products, such as cabinets, doors and worktops. The Company’s product portfolio consist of approximately 20 brands, which include Gower, Interior Solutions, Magnet, Parma Keittiot, Norema and Sigdal, among others. Nobia AB operates in three geographic regions: the United Kingdom (UK), the Nordic region and Continental Europe. The Company’s sales are conducted directly to consumers through a network of more than 600 own and franchise stores, and to professional customers in retail and new-builds. The Company’s subsidiaries include Nobia Sverige AB, Nobia Production Sweden AB, Nobia Denmark A/S, HTH Kok Svenska AB, Nobia Denmark Retail A/S and Novart OY, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Nobia AB revenues increased 8% to SEK13.72B. Net income increased from SEK253M to SEK706M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Dividend per share increased from SEK2.00 to SEK2.50. Basic Earnings per Share excluding Extraordinary Items increased from SEK1.50 to SEK4.19.

Equity composition

19 June 2002: A- and B-Shares combined into one class, Stock Split in the ratio 1:10, 7,000,000 new shares issued and IPO. Prior share figures are pro forma. 04/2007, 3-for-1 stock split.