Investors
News
-
7/2/2020 12:00 PM
Press release
NIBE acquires the Italian company Termotech -
5/14/2020 9:00 PM
Press release
Annual General Meeting of Shareholders in NIBE Industrier AB
Reports
-
5/14/2020 8:00 AM
Interim report Q1 2020
A stable start to the year – relatively modest impact from COVID-19 -
4/14/2020 8:05 AM
Annual report 2019
Publication of NIBE Industrier's Annual Report for 2019
IR Contacts
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 | 64 363 822 | 46.35 |
| Melker Schörling | 17 189 156 | 37 738 203 | 20.24 |
| State Street Bank and Trust Co | 39 473 454 | 3,83 | |
| Alecta Pensionsförsäkring | 32 147 000 | 3.12 | |
| JP Morgan Chase Bank N AB | 18 065 926 | 1,75 | |
| BNY Mellon NA | 14 107 544 | 1,37 | |
| JPM Chase NA | 9 726 622 | 0,94 | |
| CBNY Norges Bank | 5 418 126 | 0,53 | |
| BNP Paribas SEC Services Paris | 5 128 689 | 0,50 | |
| Six SIS AG | 4 548 935 | 0.44 | |
| Brown Brothers Harriman & Co | 4 436 081 | 0.43 | |
| Didner & Gerge Aktiefond | 3 887 192 | 0.38 | |
| Fjärde AP Fonden | 3 722 649 | 0.36 | |
| Other holdings (53,847) | 202 719 789 | 19.67 | |
| Total | 504 016 622 | 100.00 |
Source: Euroclear Sweden share register 26 March 2020
Shareholder structure
| Prop. of shares | Number of owners | Number of owners (%) | Number A | Number B | Number of shares (%) |
|---|---|---|---|---|---|
| 1-500 | 41 208 | 76.53 | 4 319 738 | 0.86 | |
| 501-1,000 | 4 192 | 7.79 | 3 323 685 | 0.66 | |
| 1,001-2,000 | 2 890 | 5.37 | 4 407 171 | 0.87 | |
| 2,001-5,000 | 2 678 | 4.97 | 9 044 141 | 1.79 | |
| 5,001-10,000 | 1 184 | 2.20 | 8 553 924 | 1.70 | |
| 10,001-20,000 | 811 | 1.51 | 11 726 827 | 2.33 | |
| 20,001-50,000 | 451 | 0.84 | 14 070 871 | 2.79 | |
| 50,001-100,000 | 150 | 0.28 | 10 507 984 | 2.08 | |
| 100,001-500,000 | 165 | 0.31 | 38 359 158 | 7.61 | |
| 500,001-1,000,000 | 38 | 0.07 | 1 549 494 | 24 919 137 | 5.25 |
| 1,000,001-5,000,000 | 64 | 0.12 | 19 163 926 | 114 389 745 | 26.50 |
| 5,000,001-10,000,000 | 7 | 0,01 | 20 630 014 | 27 086 437 | 9.47 |
| 10,000,001- | 8 | 0.01 | 17 189 156 | 174 762 425 | 38.08 |
Number of managers with diff | 1 | 12 789 | |||
| Total | 53 847 | 100 | 58 532 590 | 445 484 032 | 100.00 |
Source: Euroclear Sweden share register 26 March 2020
Key figures
2019 | 2018 | 2017 | 2016 | 2015 | ||
|---|---|---|---|---|---|---|
| Net sales | SEK million | 25,342 | 22,516 | 19,009 | 15,348 | 13,243 |
| Growth | % | +12.5 | +18.5 | +23.9 | +15.9 | +20.0 |
| Operating profit | SEK million | 3,038 | 2,829 | 2,344 | 1,980 | 1,700 |
| Profit after net financial items | SEK million | 2,836 | 2,667 | 2,182 | 1,871 | 1,614 |
| EBITDA margin | % | 16.1 | 15.6 | 15.7 | 16.4 | 16.5 |
| Operating margin | % | 12.0 | 12.6 | 12.3 | 12.9 | 12.8 |
| Profit margin | % | 11.2 | 11.8 | 11.5 | 12.2 | 12.2 |
| Net investments in non-current assets | SEK million | 2,059 | 2,479 | 2,026 | 5,156 | 531 |
| Operating cash flow | SEK million | 1,904 | 1,111 | 1,587 | 1,359 | 1,555 |
| Available cash and equivalents | SEK million | 4,703 | 3,562 | 3,803 | 2,926 | 2,195 |
| Working capital, excluding cash and bank balances, in relation to net sales | % | 18.1 | 19.6 | 16.3 | 19.6 | 13.0 |
| Equity | SEK million | 17,604 | 15,421 | 12,807 | 12,129 | 7,428 |
| Return on equity | % | 13.5 | 14.8 | 13.7 | 14.9 | 18.0 |
| Equity/assets ratio | % | 47.0 | 47.7 | 45.8 | 46.6 | 39.9 |
| Proportion of risk-bearing capital | % | 50.6 | 51.1 | 49.2 | 50.7 | 44.5 |
| Capital employed | SEK million | 28,258 | 24,660 | 21,783 | 20,665 | 14,710 |
| Return on total employed | % | 12.3 | 13.0 | 11.5 | 11.8 | 12.1 |
| Return on total capital | % | 9.4 | 10.0 | 9.0 | 9.4 | 9.6 |
| Capital turnover ratio | times | 0.73 | 0.75 | 0.70 | 0.69 | 0.72 |
| Interest-bearing liabilities/Equity | % | 60.8 | 60.0 | 70.1 | 70.4 | 98.0 |
| Net debt/EBITDA | times | 1.6 | 1.7 | 1.9 | 2.4 | 2.5 |
| Interest coverage ratio | times | 7.6 | 8.8 | 9.6 | 9.6 | 12.3 |
| Average number of employees | no. | 16,994 | 16,569 | 14,271 | 11,869 | 10,545 |
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.