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NIBE B Nibe Industrier AB News Story

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Brief: Nibe H1 Oper Profit At Sek 1,726 Million

Aug 22 (Reuters) - Nibe Industrier AB NIBEb.ST:

H1 SALES AMOUNTED TO SEK 19,755 (19,529) MILLION

H1 OPERATING PROFIT AMOUNTED TO SEK 1,726 (90) MILLION

SALES IN THE SECOND QUARTER AMOUNTED TO SEK 10,082 MILLION

Q2 OPERATING PROFIT IN THE QUARTER ROSE BY SEK  275 MILLION TO SEK 944 MILLION

WELL PREPARED TO CONTINUE BEING PROACTIVE ON ACQUISITIONS

SAW AN IMPROVEMENT IN BOTH SALES AND MARGIN IN THE SECOND QUARTER

IMPLEMENTED AND FUTURE PRODUCT LAUNCHES IN EUROPE AND NORTH AMERICA ARE PAVING THE  WAY FOR CONTINUED PROFITABLE GROWTH.

Source text: ID:nMFN4nGb23

Further company coverage: [NIBEb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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