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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.
| 4 Oct 2022 |
| Strong first six months | 18 Aug 2022 |
| NIBE acquires another 41% of Pacific Energy Fireplace Products Inc. | 6 Jul 2022 |
| NIBE Group divests another 26% of Schulthess Maschinen AG | 30 Jun 2022 |
| NIBE acquires Italian Argoclima | 31 May 2022 |