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Swedish heating technology firm NIBE Industrier reported a nearly 25% rise in third-quarter operating profit, signaling a continued market recovery driven by higher sales and cost controls.
Swedish heat pump maker NIBE Industrier reported a significant rebound in profit for the first nine months of the year, driven by improved productivity and cost controls as it navigates global trade challenges.
Swedish heat pump maker NIBE Industrier reported a 41.1% rise in second-quarter operating profit, signaling a continued recovery from a market downturn that prompted a major cost-cutting plan last year.
| 16 Feb 2017 |
| NIBE acquires Canadian heat pump company CGC Group of Companies Inc. | 13 Feb 2017 |
| Swedish Competition Authority has given their approval to NIBE’s acquisition of majority in Enertech Group | 27 Jan 2017 |
| NIBE acquires the operations of Hotwatt Inc. in USA | 1 Dec 2016 |
| Change in number of shares and votes in NIBE | 30 Nov 2016 |