NIBE Industrier AB Income Statement

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	40,866	40,521	46,649	40,071	30,832	27,146
Revenue Growth (YoY)	-0.69%	-13.14%	16.42%	29.97%	13.58%	7.12%
Cost of Revenue	28,287	29,547	31,026	27,462	20,628	18,171
Gross Profit	12,579	10,974	15,623	12,609	10,204	8,975
Selling, General & Admin	9,108	9,440	9,378	7,550	6,215	5,782
Other Operating Expenses	-222	-296	-279	-181	-197	-126
Operating Expenses	8,886	9,144	9,099	7,369	6,018	5,656
Operating Income	3,693	1,830	6,524	5,240	4,186	3,319
Interest Expense	-1,273	-1,419	-882	-260	-196	-217
Interest & Investment Income	295	295	149	49	23	16
Earnings From Equity Investments	37	37	39	21	-8	12
Currency Exchange Gain (Loss)	264	264	459	433	284	200
Other Non Operating Income (Expenses)	-63	-63	13	-31	-10	-
EBT Excluding Unusual Items	2,953	944	6,302	5,452	4,279	3,330
Merger & Restructuring Charges	-12	-12	-96	-19	-13	-30
Gain (Loss) on Sale of Assets	7	7	5	242	22	5
Other Unusual Items	597	597	120	-	30	353
Pretax Income	3,545	1,536	6,331	5,675	4,318	3,658
Income Tax Expense	676	374	1,535	1,280	940	735
Earnings From Continuing Operations	2,869	1,162	4,796	4,395	3,378	2,923
Minority Interest in Earnings	1	11	-11	-44	-58	-57
Net Income	2,870	1,173	4,785	4,351	3,320	2,866
Net Income to Common	2,870	1,173	4,785	4,351	3,320	2,866
Net Income Growth	269.84%	-75.49%	9.98%	31.05%	15.84%	32.07%
Shares Outstanding (Basic)	2,016	2,016	2,016	2,016	2,016	2,016
Shares Outstanding (Diluted)	2,016	2,016	2,016	2,016	2,016	2,016
EPS (Basic)	1.42	0.58	2.37	2.16	1.65	1.42
EPS (Diluted)	1.42	0.58	2.37	2.16	1.65	1.42
EPS Growth	269.85%	-75.49%	9.98%	31.05%	15.84%	32.07%
Free Cash Flow	2,738	1,831	-690	630	2,238	4,130
Free Cash Flow Per Share	1.36	0.91	-0.34	0.31	1.11	2.05
Dividend Per Share	0.300	0.300	0.650	0.650	0.500	0.388
Dividend Growth	-53.85%	-53.85%	-	30.00%	29.03%	10.71%
Gross Margin	30.78%	27.08%	33.49%	31.47%	33.09%	33.06%
Operating Margin	9.04%	4.52%	13.98%	13.08%	13.58%	12.23%
Profit Margin	7.02%	2.90%	10.26%	10.86%	10.77%	10.56%
Free Cash Flow Margin	6.70%	4.52%	-1.48%	1.57%	7.26%	15.21%
EBITDA	5,234	3,306	7,862	6,374	5,155	4,257
EBITDA Margin	12.81%	8.16%	16.85%	15.91%	16.72%	15.68%
D&A For EBITDA	1,541	1,476	1,338	1,134	969	938
EBIT	3,693	1,830	6,524	5,240	4,186	3,319
EBIT Margin	9.04%	4.52%	13.98%	13.08%	13.58%	12.23%
Effective Tax Rate	19.07%	24.35%	24.25%	22.55%	21.77%	20.09%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.