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Nobia AB ( (SE:NOBI) ) just unveiled an update.
Nobia AB has agreed to divest its loss-making UK operations, including the Magnet, Gower, Commodore and CIE brands, to funds managed by Alteri Partners, in a move that sharpens its strategic focus on core Nordic markets where it enjoys stronger brands, higher structural margins and a production base centred on Nobia Park. The sale, for which no upfront purchase price is due as the buyer assumes substantial lease liabilities, will see the UK business reclassified as discontinued operations and trigger a non-cash impairment of around SEK 750m and about SEK 100m in items affecting comparability in the fourth quarter of 2025, while accompanying restructuring is expected to deliver annualised cost savings of roughly SEK 80m from the third quarter of 2026; pro forma figures highlight that the remaining Nordic-focused business has historically generated significantly higher EBIT margins, underscoring management’s aim to improve profitability and streamline operations after the transaction closes in the first half of 2026.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK5.00 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
More about Nobia AB
Nobia AB is a European kitchen manufacturer that develops, produces and sells kitchen solutions under a portfolio of strong brands, including Magnet in the UK; HTH, Norema, Sigdal, Invita, Superfront and Marbodal in Scandinavia, and Novart in Finland. The company focuses on leveraging economies of scale and a centralized production footprint around its new Nobia Park factory in Sweden, employs around 4,000 people, generates annual net sales of about SEK 11 billion, and is listed on Nasdaq Stockholm under the ticker NOBI.
Average Trading Volume: 1,329,172
Technical Sentiment Signal: Hold
Current Market Cap: SEK3.32B
See more insights into NOBI stock on TipRanks’ Stock Analysis page.