NIBE Industrier AB (publ) (STO:NIBE.B)

NIBE Industrier AB Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	40,700	40,521	46,649	40,071	30,832	27,146
Revenue Growth (YoY)	-8.53%	-13.14%	16.42%	29.97%	13.58%	7.12%
Cost of Revenue	28,562	29,547	31,026	27,462	20,628	18,171
Gross Profit	12,138	10,974	15,623	12,609	10,204	8,975
Selling, General & Admin	9,245	9,440	9,378	7,550	6,215	5,782
Other Operating Expenses	-298	-296	-279	-181	-197	-126
Operating Expenses	8,947	9,144	9,099	7,369	6,018	5,656
Operating Income	3,191	1,830	6,524	5,240	4,186	3,319
Interest Expense	-1,355	-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	2,369	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	2,961	1,536	6,331	5,675	4,318	3,658
Income Tax Expense	547	374	1,535	1,280	940	735
Earnings From Continuing Operations	2,414	1,162	4,796	4,395	3,378	2,923
Minority Interest in Earnings	8	11	-11	-44	-58	-57
Net Income	2,422	1,173	4,785	4,351	3,320	2,866
Net Income to Common	2,422	1,173	4,785	4,351	3,320	2,866
Net Income Growth	-8.88%	-75.49%	9.98%	31.05%	15.84%	32.07%
Shares Outstanding (Basic)	2,022	2,016	2,016	2,016	2,016	2,016
Shares Outstanding (Diluted)	2,022	2,016	2,016	2,016	2,016	2,016
Shares Change (YoY)	-0.02%	-	-	-	-	-
EPS (Basic)	1.20	0.58	2.37	2.16	1.65	1.42
EPS (Diluted)	1.20	0.58	2.37	2.16	1.65	1.42
EPS Growth	-8.86%	-75.49%	9.98%	31.05%	15.84%	32.07%
Free Cash Flow	2,333	1,831	-690	630	2,238	4,130
Free Cash Flow Per Share	1.15	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	29.82%	27.08%	33.49%	31.47%	33.09%	33.06%
Operating Margin	7.84%	4.52%	13.98%	13.08%	13.58%	12.23%
Profit Margin	5.95%	2.90%	10.26%	10.86%	10.77%	10.56%
Free Cash Flow Margin	5.73%	4.52%	-1.48%	1.57%	7.26%	15.21%
EBITDA	4,533	3,306	7,862	6,374	5,155	4,257
EBITDA Margin	11.14%	8.16%	16.85%	15.91%	16.72%	15.68%
D&A For EBITDA	1,342	1,476	1,338	1,134	969	938
EBIT	3,191	1,830	6,524	5,240	4,186	3,319
EBIT Margin	7.84%	4.52%	13.98%	13.08%	13.58%	12.23%
Effective Tax Rate	18.47%	24.35%	24.25%	22.55%	21.77%	20.09%

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.