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NIBE Industrier AB (NIBE) is a provider of sustainable solutions. The company carries out the business of development, manufacturing, and marketing of eco-friendly, energy-efficient solutions for indoor climate comfort in various types of properties, components and solutions for intelligent heating and control in industry and infrastructure. Its product portfolio includes heat pumps, water heaters, air conditioners, solar panels, energy solutions in heating elements, and various types of stoves. The company serves a wide range of customers across various industries, including residential, commercial, and industrial sectors. The company operates across North America, Europe and Asia regions. NIBE is headquartered in Markaryd, Sweden.
Headquarters
Sweden
Address
Box 14, Markaryd, 28521
Website
www.nibe.com
Telephone
46 433 73000
No of Employees
20,563
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
NIBE B (STO)
Revenue (2024)
$4.2B
0.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
94.1%
(2024 vs 2023)
Market Cap*
$8.3B
Net Profit Margin (2024)
XYZ
93.1%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products |
|---|
| Climate Solutions Products |
| Stoves |
| Element |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In November, the company acquired a 70% stake in Selmo SRL, a producer of electronic systems. |
| 2023 | Acquisitions/Mergers/Takeovers | In November, the company acquired a 70% stake in LS Control A/S. |
| 2023 | Acquisitions/Mergers/Takeovers | In July, the company acquired 77.5% of the shares in Ceramicx Ireland Limited. |
Competitor Comparison
| Key Parameters | NIBE Industrier AB | Alfa Laval AB | Lennox International Inc | Vaillant Group | Zehnder Group AG |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | United States of America | Germany | Switzerland |
| City | Markaryd | Lund | Richardson | Remscheid | Graenichen |
| State/Province | - | - | Texas | Nordrhein-Westfalen | - |
| No. of Employees | 20,563 | 22,323 | 12,900 | 16,000 | 3,611 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hans Linnarson | Chairman | Executive Board | 2015 | 74 |
| Gerteric Lindquist | Chief Executive Officer; Director; Managing Director - NIBE Industrier AB and NIBE AB | Executive Board | 1988 | 75 |
| Christer Fredriksson | Head - NIBE Element | Senior Management | 1992 | 71 |
| Hans Backman | Director - Financial | Senior Management | 2011 | 60 |
| Niklas Gunnarsson | Head - NIBE Stoves | Senior Management | 1987 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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