NIBE Industrier AB (publ)

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NIBE Industrier AB (publ) (NIBE-B) Price Performance

NIBE Industrier AB (publ) (NIBE-B) trades on Nasdaq Stockholm in SEK. The company is classified in the Industrials sector under the Building Products & Equipment industry. The stock currently trades at SEK37.72, up 7.89% from the previous close.

Over the past year, NIBE-B has traded between a low of SEK31.78 and a high of SEK46.80. The stock has lost 4.6% over this period. It is currently 19.4% below its 52-week high.

NIBE Industrier AB (publ) has a market capitalization of $68.51B, with a price-to-earnings ratio of 30.07 and a dividend yield of 1.03%.

About NIBE Industrier AB (publ)

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control. It operates through three business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, ventilation products and air conditioning, climate control systems, water heaters and accumulator tanks, district heating products, PV panels, domestic boilers, refrigeration systems, commercial washing machines, and tumble dryers for homes, apartment blocks, and commercial properties. The NIBE Element business area provides various components and solutions for heating and control, which include tubular, aluminum, foil, thick film, PTC, high-power, and ceramic elements, as well as open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment to domestic and household appliances; commercial products and professional kitchens; energy; transport; advanced technology; medicine; and aviation sectors, as well as industrial projects sectors. The NIBE Stoves business area offers free-standing, wood-burning, gas, and electric stoves; heat-retaining products; and chimney systems, as well as accessories. It operates in Nordic countries, rest of Europe, North America, and internationally. The company was founded in 1949 and is headquartered in Markaryd, Sweden.