NIBE Industrier AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	40,841	40,521	46,649	40,071	30,832
Revenue Growth (YoY)	0.79%	-13.14%	16.42%	29.97%	13.58%
Cost of Revenue	27,976	29,547	31,026	27,462	20,628
Gross Profit	12,865	10,974	15,623	12,609	10,204
Selling, General & Admin	9,202	9,440	9,378	7,550	6,215
Other Operating Expenses	-462	-296	-279	-181	-197
Operating Expenses	8,740	9,144	9,099	7,369	6,018
Operating Income	4,125	1,830	6,524	5,240	4,186
Interest Expense	-970	-1,419	-882	-260	-196
Interest & Investment Income	-	295	149	49	23
Earnings From Equity Investments	-	37	39	21	-8
Currency Exchange Gain (Loss)	-	264	459	433	284
Other Non Operating Income (Expenses)	-	-63	13	-31	-10
EBT Excluding Unusual Items	3,155	944	6,302	5,452	4,279
Merger & Restructuring Charges	-	-12	-96	-19	-13
Gain (Loss) on Sale of Assets	-	7	5	242	22
Other Unusual Items	-	597	120	-	30
Pretax Income	3,155	1,536	6,331	5,675	4,318
Income Tax Expense	875	374	1,535	1,280	940
Earnings From Continuing Operations	2,280	1,162	4,796	4,395	3,378
Minority Interest in Earnings	-3	11	-11	-44	-58
Net Income	2,277	1,173	4,785	4,351	3,320
Net Income to Common	2,277	1,173	4,785	4,351	3,320
Net Income Growth	94.12%	-75.49%	9.98%	31.05%	15.84%
Shares Outstanding (Basic)	2,016	2,016	2,016	2,016	2,016
Shares Outstanding (Diluted)	2,016	2,016	2,016	2,016	2,016
EPS (Basic)	1.13	0.58	2.37	2.16	1.65
EPS (Diluted)	1.13	0.58	2.37	2.16	1.65
EPS Growth	94.12%	-75.49%	9.98%	31.05%	15.84%
Free Cash Flow	2,805	1,831	-690	630	2,238
Free Cash Flow Per Share	1.39	0.91	-0.34	0.31	1.11
Dividend Per Share	0.350	0.300	0.650	0.650	0.500
Dividend Growth	16.67%	-53.85%	-	30.00%	29.03%
Gross Margin	31.50%	27.08%	33.49%	31.47%	33.09%
Operating Margin	10.10%	4.52%	13.98%	13.08%	13.58%
Profit Margin	5.58%	2.90%	10.26%	10.86%	10.77%
Free Cash Flow Margin	6.87%	4.52%	-1.48%	1.57%	7.26%
EBITDA	5,605	3,306	7,862	6,374	5,155
EBITDA Margin	13.72%	8.16%	16.85%	15.91%	16.72%
D&A For EBITDA	1,480	1,476	1,338	1,134	969
EBIT	4,125	1,830	6,524	5,240	4,186
EBIT Margin	10.10%	4.52%	13.98%	13.08%	13.58%
Effective Tax Rate	27.73%	24.35%	24.25%	22.55%	21.77%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.