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NIBE B Nibe Industrier AB News Story

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Brief: Nibe Industrier Q3 Operating Profit Rises To SEK 1,465 Million

Nov 16 (Reuters) - Nibe Industrier AB  NIBEb.ST :
    * REG-CONTINUED STRONG PERFORMANCE
    * Q3 REVENUE SEK 10.00 BILLION
    * Q3 OPERATING PROFIT SEK 1,465 MILLION VERSUS SEK 1,202
MILLION
YEAR AGO
    * WE ARE CAUTIOUSLY OPTIMISTIC ABOUT 2022
    * RATE OF INVESTMENT WILL DOUBLE IN NEXT THREE TO FOUR YEARS
    * WE EXPECT TO INVEST JUST OVER SEK 5 BILLION IN INCREASED
PRODUCTION CAPACITY ALONE

Source text for Eikon:  ID:nGNE1Fd0W7 
Further company coverage:  NIBEb.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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