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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.
| NIBE Industrier implements programme to reduce stocks and cut costs and revises its full-year forecast | 20 Sept 2007 |
| Strong development for NIBE Element and NIBE Heating, but a weak first half for NIBE Stoves | 15 Aug 2007 |