Business areas

NIBE Industrier is a European heating technology company whose business operations are organised in three separate business areas: NIBE Element, NIBE Energy Systems and NIBE Stoves.

 

NIBE Element is the market leader in Northern Europe for components and systems for electric heating applications, and one of the leading manufacturers in the rest of Europe. Customers are industrial users and components users..

Net sales 2009 1659.0   Mkr
Growth -11.7   %
Operating profit 70.4   Mkr
Operating margin 4.2   %
Average number of employees 2993   st

 

NIBE Energy Systems is the market leader for domestic heating products in the Nordic countries, Poland and the Czech Republic, and one of the leading manufacturers in the rest of Europe. Customers are the RMI sector (Renovation, Maintenance, Improvement) and the new housing market.

Net sales 2009 3284.5   Mkr
Growth +2,1   %
Operating profit 455.8   Mkr
Operating margin 13.9   %
Average number of employees 1903   st

 

NIBE Stoves is the market leader in Sweden for woodburning stoves, and one of the leading manufacturers of in the rest of Europe. Customers are private homeowners in the new and existing housing market and in the holiday homes sector.

Net sales 2009 939.4   Mkr
Growth +8.8   %
Operating profit 122,2   Mkr
Operating margin 13,0   %
Average number of employees 618   st