Trade Nibe Industrier B - NIBEb CFD

NIBE Company profile

About Nibe Industrier AB

Nibe Industrier AB is a Sweden-based company engaged in the provision of heating technology solutions. Its operations are organized into three business areas: NIBE Element, which is engaged in the manufacturing of electric heating elements that are used in white goods and industry commercial equipment, as well as heating, control and measurement components and systems of ASKOMA AG, comprises also HT S.p.A.; NIBE Energy Systems, focusing on heat pumps and electric water heaters for private homes and larger premises, and NIBE Stoves, specializing within wood-burning stoves for private homeowners in the new and existing housing market and in the holiday homes sector. Its brands include Contura, Premodul, Nordpeis, Lotus Heating Sustems and TermaTech, among others. The Company is also engaged in the field of heat pumps via Enertech Global Llc, in the area of ventilations systems through the partially owned subsidiary Air Site AB, and with regard to heating solutions through Hotwatt Inc.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Nibe Industrier AB revenues increased 14% to SEK30.83B. Net income increased 16% to SEK3.32B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Dividend per share increased from SEK0.39 to SEK0.50. Basic Earnings per Share excluding Extraordinary Items increased from SEK1.42 to SEK1.65.

Equity composition

06/2006, 4-for-1 stock split. NIBE Industrier AB listed on the Stockholm Stock ExchangeO-list on 16 June 1997. June 2003: Stock split in the ratio of 1:4. As at 31 March 2003, all share and DPS figures have been adjusted to reflect the split. 5/2016, 4-for-1 stock split (Factor: 4).