NIBE Industrier AB (publ) (NDRBF)
| Market Cap | 9.10B +13.8% |
| Revenue (ttm) | 4.43B +0.8% |
| Net Income | 247.04M +94.1% |
| EPS | 0.12 +94.1% |
| Shares Out | n/a |
| PE Ratio | 36.82 |
| Forward PE | 25.77 |
| Dividend | 0.03 (0.63%) |
| Ex-Dividend Date | May 16, 2025 |
| Volume | 2,882 |
| Average Volume | 2,922 |
| Open | 4.870 |
| Previous Close | n/a |
| Day's Range | 4.870 - 4.870 |
| 52-Week Range | 3.500 - 4.870 |
| Beta | 0.97 |
| RSI | 63.71 |
| Earnings Date | May 19, 2026 |
About NIBE Industrier AB
NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control. It operates through NIBE Climate Solutions, NIBE Element, and NIBE Stoves business areas. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, water heaters, refrigeration systems, accumulator tanks, ventilation systems, climate control systems, and district heating products for... [Read more]
Financial Performance
In 2025, NIBE Industrier AB's revenue was 40.84 billion, an increase of 0.79% compared to the previous year's 40.52 billion. Earnings were 2.28 billion, an increase of 94.12%.
Financial numbers in SEK Financial StatementsNews
Nibe Industrier resumed with an Outperform at BNP Paribas
BNP Paribas resumed coverage of Nibe Industrier (NDRBF) with an Outperform rating and SEK 50 price target
Nibe Industrier downgraded to Hold from Buy at DNB Carnegie
DNB Carnegie downgraded Nibe Industrier (NDRBF) to Hold from Buy.
NIBE Industrier AB Earnings Call Transcript: Q4 2025
Recovery continued in 2025 with improved margins and strong cash flow, driven by robust Q4 performance and effective cost control. Climate Solutions led growth, while Element and Stoves showed signs of recovery. Investment levels are set to normalize as major programs conclude.
Nibe Industrier price target raised to SEK 32.81 from SEK 24.49 at Barclays
Barclays raised the firm’s price target on Nibe Industrier (NDRBF) to SEK 32.81 from SEK 24.49 and keeps an Underweight rating on the shares.
Nibe Industrier price target raised to SEK 37 from SEK 36 at Morgan Stanley
Morgan Stanley analyst Cedar Ekblom raised the firm’s price target on Nibe Industrier (NDRBF) to SEK 37 from SEK 36 and keeps an Underweight rating on the shares. Published first
NIBE Industrier AB Earnings Call Transcript: Q3 2025
Organic growth reached 4.6% year-over-year, with operating margin at 11.3% in Q3 and strong cash flow. Climate Solutions and Element segments showed robust performance, while Stoves remains challenged. European Heat Pump market is expected to return to growth in 2024.
Nibe Industrier upgraded to Buy from Hold at Pareto
Pareto upgraded Nibe Industrier (NDRBF) to Buy from Hold with a SEK 48 price target
NIBE Industrier AB Earnings Call Transcript: Q2 2025
Q2 2025 saw continued recovery, with improved margins and strong performance in Climate Solutions. Tariffs and currency remain headwinds, but management expects further growth and margin normalization, supported by robust cash flow and a positive outlook for the second half.
NIBE Industrier AB Transcript: Investor Update
Cautious market recovery is underway, with normalized inventories and a return to seasonality. The company maintains its long-term growth and margin targets, prioritizes margin over volume, and remains flexible for strategic M&A. Efficiency improvements and product mix adaptation support resilience.
Nibe Industrier downgraded to Hold from Buy at Pareto
Pareto downgraded Nibe Industrier (NDRBF) to Hold from Buy with a SEK 45 price target
NIBE Industrier AB Earnings Call Transcript: Q1 2025
Q1 results showed modest growth and margin improvement, especially in climate solutions, with inventory normalization and a return to seasonal patterns. Management maintains full-year margin targets and expects stronger performance in H2, despite ongoing market uncertainties.
Nibe Industrier price target lowered to SEK 36 from SEK 37 at Morgan Stanley
Morgan Stanley analyst Axel Stasse lowered the firm’s price target on Nibe Industrier (NDRBF) to SEK 36 from SEK 37 and keeps an Underweight rating on the shares. Published first
Nibe Industrier price target lowered to SEK 37 from SEK 39 at Morgan Stanley
Morgan Stanley analyst Axel Stasse lowered the firm’s price target on Nibe Industrier (NDRBF) to SEK 37 from SEK 39 and keeps an Underweight rating on the shares. Published first
NIBE Industrier AB Earnings Call Transcript: Q4 2024
2024 saw a challenging start with high inventories and declining sales, but gradual improvement emerged by year-end. The action program delivered SEK 800 million in expected annual savings, and all business areas are set for organic growth in 2025, with margin recovery anticipated.
Nibe Industrier downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded Nibe Industrier (NDRBF) to Underweight from Equal Weight with an unchanged price target of SEK 39. The firm believes consensus estimates are too high given as Nibe
Nibe Industrier price target lowered to SEK 39 from SEK 42 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Nibe Industrier (NDRBF) to SEK 39 from SEK 42 and keeps an Equal Weight rating on the shares.
NIBE Industrier AB Earnings Call Transcript: Q3 2024
Revenue declined 20% year-over-year, with operating margin at 8.5% and sequential improvement as cost-saving measures take effect. Inventory normalization and a resilient North American market support optimism for a return to historical margins by 2025.
NIBE Industrier AB Earnings Call Transcript: Q2 2024
First-half results reflect sharp sales declines and margin compression across all segments due to weak demand and high inventories, especially in Europe. Cost-saving programs are underway, with gradual improvement expected in H2 and a return to historical margins targeted for 2025.
NIBE Industrier's (publ) CEO and MD, Gerteric Lindquist, comments on first half year, 2024
First half characterized by large adjustments The action plan is being implemented as a result of major destocking in the distribution chain, continuing high interest rates and historically low housin...
Annual General Meeting of NIBE Industrier AB
The Annual General Meeting of NIBE Industrier AB (publ) was held on Thursday, May 16, 2024, at NIBE's new wood stove factory in Markaryd.
NIBE Industrier AB Earnings Call Transcript: Q1 2024
Weak first quarter
Large reductions in inventories at distributors, continued high interest rates and unusually low level of housing production – gradual improvement in demand expected in the second half of the year.
Publication of NIBE Industrier's Annual Report for 2023
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 rec...
NIBE Industrier AB Earnings Call Transcript: Q4 2023
Good performance in 2023 – clear decline in fourth quarter
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.