NIBE Industrier AB ser. B

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NIBE Industrier AB ser. B (NIBEB) Price Performance

NIBE Industrier AB ser. B (NIBEB) trades on SIX Swiss Exchange in CHF. The company is classified in the Industrials sector under the Machinery, Tools, Heavy Vehicles, Trains & Ships industry. The stock currently trades at CHF2.92, up 6.00% from the previous close.

Over the past year, NIBEB has traded between a low of CHF2.67 and a high of CHF3.87. The stock has lost 24.8% over this period. It is currently 24.8% below its 52-week high.

NIBE Industrier AB ser. B has a market capitalization of $6.27B, with a price-to-earnings ratio of 6.56 and a dividend yield of 4.13%.

About NIBE Industrier AB ser. B

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, Australia, Asia, and internationally. The company 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, solar panels, domestic boilers, 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 brazings, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment to domestic and household appliances; heating, ventilation, and air conditioning; commercial products and professional kitchens; energy; transport; advanced technology; medicine; and aviation sectors, as well as industrial projects sectors. The NIBE Stoves business area provides free-standing, wood-burning, gas, and electric stoves; wood-burning inserts; heat-retaining products; and chimney systems, as well as accessories. NIBE Industrier AB (publ) was founded in 1949 and is headquartered in Markaryd, Sweden.