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NIBE Industrier AB ( ($SE:NIBE.B) ) has provided an announcement.
NIBE Industrier reported that its fourth-quarter performance confirmed a gradual market recovery through 2025 despite tariffs and rising geopolitical tensions weighing on demand. Group net sales were SEK 11,000 million, slightly below last year in reported terms but equivalent to 6.8% growth at fixed exchange rates, while adjusted operating profit and margins improved on the back of organic growth, cost control and productivity gains.
Management highlighted that the group maintained relatively stable sales and operating profit through a sharp 2024 downturn and a turbulent 2025, reinforcing confidence in its decentralized model and wide product range. The Climate Solutions division saw improving heat pump demand in key European markets and stable North American geothermal activity, achieving a full-year operating margin back within its 13–15% target range, while NIBE Element delivered higher margins despite uneven sector demand, with rail, HVAC and semiconductors offsetting weakness in construction and consumer-related products.
The most recent analyst rating on ($SE:NIBE.B) stock is a Buy with a SEK50.00 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 Industrier AB is an international group focused on climate solutions, heating technology and related components, with a strong presence in Europe and North America. Its core activities span heat pumps, HVAC systems and heating elements, targeting residential, commercial, industrial and transport sectors with a broad, high-performance product portfolio.
The company operates through decentralized business areas such as NIBE Climate Solutions and NIBE Element, leveraging local manufacturing capacity, particularly in the U.S. for geothermal heat pumps. This structure underpins its strategy of broad international presence and diversified end markets, supporting resilience amid currency swings, tariffs and shifts in construction and consumer demand.
Average Trading Volume: 7,498,953
Technical Sentiment Signal: Sell
Current Market Cap: SEK75.04B
For detailed information about NIBE.B stock, go to TipRanks’ Stock Analysis page.

