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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.
| 10 May 2011 |
| NIBE publishes the offer prospectus in relation to its public tender offer for Schulthess | 20 Apr 2011 |
| NIBE acquires the remaining 25% stake in EVAN of Russia | 18 Apr 2011 |
| NIBE acquires 31% of the shares in Schulthess and launches a voluntary public tender offer for the remaining shares, recommended by the Board of Directors of Schulthess | 11 Apr 2011 |
| NIBE and Schulthess create a leading European provider of sustainable | 11 Apr 2011 |