Investors


Year-end report, 2019

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

Johan Wettergren

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 sharesShare
votes, %
Current and former boardmembers
and senior executives
105 900 38646.37
Melker Schörling54 927 35920.24
State Street Bank and Trust Co39 826 3893,86
Alecta Pensionsförsäkring32 125 0003.12
JP Morgan Chase Bank N AB16 061 0731.56
BNY Mellon NA14 553 5651.41
Didner & Gerge Aktiefond9 156 1550.89
JPM Chase NA8 425 4720.82
CBNY Norges Bank6 089 3740.59
BNP Paribas SEC Services Paris5 095 5970.49
Six SIS AG4 731 3480.46
Brown Brothers Harriman & Co4 299 6420.42
Fjärde AP Fonden
3 722 6490.36
Other holdings (51,722)199 102 61319.32
Total504 016 622100.00

Source: Euroclear Sweden share register 31 December 2019

Shareholder structure

Prop. of sharesNumber
of owners
Number
of owners
(%)
Number
of shares
Number
of shares
(%)
1-50038 43374.31
4 344 9280.86
501-1,0004 4438.59
3 541 8100.70
1,001-2,0003 0645.92
4 671 0470.93
2,001-5,0002 8065.43
9 502 5021.89
5,001-10,0001 2432.40
8 967 3011.78
10,001-20,000840
1.62
12 194 0082.42
20,001-50,000463
0.90
14 395 5172.86
50,001-100,000156
0.30
10 631 6742.11
100,001-500,0001620.31
37 359 7227.41
500,001-1,000,00035
0.0724 233 3204.81
1,000,001-5,000,00060
0.12127 252 91325.25
5,000,001-10,000,0008
0,0256 208 61211.15
10,000,001-8
0.02190 723 68437.84

Number of managers with diff

1


10 416


Total51 722100504 016 622100.00


Source: Euroclear Sweden share register 31 December 2019

Key figures




20182017
201620152014
Net salesSEK million22,51619,00915,34813,24311,033
Growth%+18.5+23.9+15.9+20.0+12.2
Operating profitSEK million2,8292,3441,9801,7001,385
Profit after net financial itemsSEK million2,6672,1821,8711,6141,292
EBITDA margin%15.615.716.416.516.2
Operating margin%12.612.312.912.812.6
Profit margin
%11.811.512.212.211.7
Net investments in non-current assetsSEK million2,4792,0265,1565313,098
Operating cash flowSEK million1,1111,5871,3591,5551,096
Available cash and equivalentsSEK million3,5623,8032,9262,1952,735
Working capital, excluding cash and
bank balances, in relation to net sales
%19.616.319.613.019.1
EquitySEK million15,42112,80712,1297,4286,560
Return on equity
%14.813.714.918.016.6
Equity/assets ratio%47.745.846.639.936.2
Proportion of risk-bearing capital%51.149.250.744.540.8
Capital employedSEK million24,66021,78320,66514,71014,411
Return on total employed%13.011.511.812.112.1
Return on total capital%10.09.09.49.69.6
Capital turnover ratiotimes0.750.700.690.720.71
Interest-bearing liabilities/Equity%60.070.170.498.0119.7
Net debt/EBITDAtimes1.71.92.42.53.3
Interest coverage ratiotimes8.89.69.612.37.6
Average number of employeesno.16,56914,27111,86910,5459,726

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.