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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.
| Good performance continues for NIBE | 16 Nov 2018 |
| NIBE acquires the remaining 55% of shares in Italian ventilation and air conditioning company Rhoss S.p.A. | 17 Oct 2018 |
| NIBE acquires the EMIN Group with operations in Turkey and Serbia | 20 Aug 2018 |
| Good performance continues in the first half | 17 Aug 2018 |
| NIBE acquires EVONIC FIRES in the UK | 5 Jul 2018 |