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NIBE Industrier AB ( ($SE:NIBE.B) ) has shared an announcement.
NIBE Industrier AB has launched a commercial paper program with a framework of SEK 5 billion to finance working capital and replace short-term financing. This move, facilitated by Danske Bank, Handelsbanken, and SEB, aims to strengthen NIBE’s financial flexibility and support its strategic growth initiatives.
The most recent analyst rating on ($SE:NIBE.B) stock is a Buy with a SEK53.00 price target. To see the full list of analyst forecasts on NIBE Industrier AB stock, see the SE:NIBE.B Stock Forecast page.
More about NIBE Industrier AB
NIBE Group is an international company specializing in environmentally friendly solutions for indoor climate comfort, energy-efficient components, and intelligent heating and control solutions for industry and infrastructure. With a strong focus on reducing carbon footprints, NIBE operates in three main business areas: Climate Solutions, Element, and Stoves. The company has a rich history of over 70 years, originating in Markaryd, Sweden, and has grown to have a global presence with approximately 20,600 employees. NIBE is listed on the Nasdaq Nordic Large Cap list and the SIX Swiss Exchange.
YTD Price Performance: 7.25%
Average Trading Volume: 5,232,363
Technical Sentiment Signal: Sell
Current Market Cap: SEK92.86B
For detailed information about NIBE.B stock, go to TipRanks’ Stock Analysis page.