Investors


Reports

Interim report 1 2020, Q1

NIBE rapport 2016

IR Contacts

Gerteric

Gerteric Lindquist

CEO and MD

Tel: +46 433-27 30 76
[email protected]

Hans Backman

Hans Backman

CFO

Tel: +46 433-27 34 69
[email protected] 

Christel Fritiofsson

Christel Fritiofsson

IR contact

Tel: +46 433-27 30 78
[email protected]


The NIBE share – Facts and figures

The NIBE share


Analysts

Karl Bokvist

ABG Sundal Collier

Gustav Österberg

Carnegie

Johan Sjöberg

Danske Bank Equity Research

Olof Larshammar

DNB Bank Markets

Marcela Klang

Handelsbanken Capital Markets

Douglas Lindahl

Kepler Cheuvreux

Carl Ragnestam

Nordea Markets

Klara Jonsson

SEB Equity Research

Fredrik Moregard

Pareto

Major shareholders



No. of

A-shares

No. of

B-shares

Share
votes, %
Current and former boardmembers
and senior executives

41 343 434

64 363 82246.35
Melker Schörling

17 189 156

37 738 20320.24
State Street Bank and Trust Co


39 473 4543,83
Alecta Pensionsförsäkring


32 147 0003.12
JP Morgan Chase Bank N AB


18 065 9261,75
BNY Mellon NA


14 107 5441,37
JPM Chase NA


9 726 6220,94
CBNY Norges Bank


5 418 1260,53
BNP Paribas SEC Services Paris


5 128 6890,50
Six SIS AG


4 548 9350.44
Brown Brothers Harriman & Co


4 436 0810.43
Didner & Gerge Aktiefond


3 887 1920.38
Fjärde AP Fonden


3 722 6490.36
Other holdings (53,847)


202 719 78919.67
Total


504 016 622100.00

Source: Euroclear Sweden share register 26 March 2020

Shareholder structure

Prop. of sharesNumber
of owners
Number
of owners
(%)

Number
of shares

A

Number
of shares

B

Number
of shares
(%)
1-50041 20876.53


4 319 7380.86
501-1,0004 1927.79


3 323 6850.66
1,001-2,0002 8905.37


4 407 1710.87
2,001-5,0002 6784.97


9 044 1411.79
5,001-10,0001 1842.20


8 553 9241.70
10,001-20,000811
1.51


11 726 8272.33
20,001-50,000451
0.84


14 070 8712.79
50,001-100,000150
0.28


10 507 9842.08
100,001-500,0001650.31


38 359 1587.61
500,001-1,000,00038
0.07

1 549 494

24 919 1375.25
1,000,001-5,000,00064
0.12

19 163 926

114 389 74526.50
5,000,001-10,000,0007
0,01

20 630 014

27 086 4379.47
10,000,001-8
0.01

17 189 156

174 762 42538.08

Number of managers with diff

1



12 789


Total53 847100

58 532 590

445 484 032100.00


Source: Euroclear Sweden share register 26 March 2020

Key figures




2019

20182017
20162015
Net salesSEK million

25,342

22,51619,00915,34813,243
Growth%

+12.5

+18.5+23.9+15.9+20.0
Operating profitSEK million

3,038

2,8292,3441,9801,700
Profit after net financial itemsSEK million

2,836

2,6672,1821,8711,614
EBITDA margin%

16.1

15.615.716.416.5
Operating margin%

12.0

12.612.312.912.8
Profit margin
%

11.2

11.811.512.212.2
Net investments in non-current assetsSEK million

2,059

2,4792,0265,156531
Operating cash flowSEK million

1,904

1,1111,5871,3591,555
Available cash and equivalentsSEK million

4,703

3,5623,8032,9262,195
Working capital, excluding cash and
bank balances, in relation to net sales
%

18.1

19.616.319.613.0
EquitySEK million

17,604

15,42112,80712,1297,428
Return on equity
%

13.5

14.813.714.918.0
Equity/assets ratio%

47.0

47.745.846.639.9
Proportion of risk-bearing capital%

50.6

51.149.250.744.5
Capital employedSEK million

28,258

24,66021,78320,66514,710
Return on total employed%

12.3

13.011.511.812.1
Return on total capital%

9.4

10.09.09.49.6
Capital turnover ratiotimes

0.73

0.750.700.690.72
Interest-bearing liabilities/Equity%

60.8

60.070.170.498.0
Net debt/EBITDAtimes

1.6

1.71.92.42.5
Interest coverage ratiotimes

7.6

8.89.69.612.3
Average number of employeesno.

16,994

16,56914,27111,86910,545

Definitions – key figures

Growth
Percentage change in net sales compared with previous year.

EBITDA margin
Operating profit before depreciation as a percentage of net sales.

Operating margin
Operating profit as a percentage of net sales.

Profit margin
Profit after net financial items as a percentage of net sales.

Operating cash flow
Cash flow after investments but before acquisition of companies/operations.

Equity
Taxed equity plus untaxed reserves less tax.

Return on equity
Profit after net financial items less tax at 22.0% standard rate as a percentage of average equity.

Equity/assets ratio
Equity as a percentage of total assets.

Proportion of risk-bearing capital
Equity, including non-controlling interest and deferred tax liability, as a percentage of total assets.

Capital employed
Total assets less non-interest-bearing liabilities and deferred tax.

Return on capital employed
Profit after net financial items plus financial expenses as a percentage of average capital employed.

Return on total capital
Profit after net financial items plus financial expenses as a percentage of average total assets.

Capital turnover ratio
Net sales divided by average total assets.

Interest-bearing liabilities/ Equity
Interest-bearing liabilities as a percentage of equity.

Net debt/EBITDA
Interest-bearing net debt (financial liabilities less financial assets) divided by profit before depreciation/amortisation.

Interest coverage ratio
Profit after net financial items plus financial expenses divided by financial expenses.