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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.
| 15 Aug 2014 |
| NIBE receives antitrust approval for the acquisition of WaterFurnace | 14 Aug 2014 |
| NIBE to acquire WaterFurnace in a recommended C$378 million transaction | 23 Jun 2014 |
| Annual General Meeting of Shareholders in NIBE Industrier AB | 16 May 2014 |
| Positive start to the year for all three of NIBE’s business areas | 15 May 2014 |