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Nobia AB ( (SE:NOBI) ) has issued an update.
Nobia’s new kitchen factory in Jönköping, Sweden, has earned the prestigious BREEAM Excellence sustainability certification, highlighting the company’s commitment to sustainable kitchen production. This certification reflects Nobia’s strategic focus on integrating sustainability into its operations, from design to completion. The factory, which is Europe’s most modern kitchen facility, uses renewable energy sources and advanced technology to minimize environmental impact. This initiative is part of Nobia’s broader effort to lead in sustainability within the kitchen market, aligning with its Science Based Targets and contributing to the green transition in Swedish industry.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK4.50 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 is a leading European company that develops, manufactures, and sells kitchen solutions through several strong brands such as Magnet in the UK, HTH, Norema, Sigdal, Invita, Superfront, and Marbodal in Scandinavia, and Novart in Finland. The company focuses on combining economies of scale with attractive kitchen offerings to generate profitability. Nobia employs approximately 4,000 people and reports net sales of about SEK 11 billion. The company’s shares are listed on Nasdaq Stockholm under the ticker NOBI.
Average Trading Volume: 1,280,329
Technical Sentiment Signal: Hold
Current Market Cap: SEK3.22B
See more insights into NOBI stock on TipRanks’ Stock Analysis page.