Brief: Nibe Industrier Sees Possible Improvement In Supply Chain In H2

Nibe Industrier AB

16/05/2023 07:08

May 16 (Reuters) - Nibe Industrier AB  NIBEb.ST :
    * IN THE FIRST THREE MONTHS OF THE YEAR, THE GROUP’S SALES
GREW BY
33.1%  (28.1%), OF WHICH 27.8% (26.8%) WAS ORGANIC GROWTH
    * WHEN COMPARING Q1 2023 WITH LAST YEAR, Q1 2022 WAS
CHARACTERIZED
BY OUR SUB-SUPPLIERS’ INABILITY TO SUPPLY REQUESTED QUANTITIES 
WHILE IMPLEMENTING PRICE  INCREASES
    * IMPROVEMENT IN SUPPLY CHAIN SITUATION, COMBINED WITH OUR
OWN
CAPACITY INCREASES, RESULTED IN A SHARP RISE IN SALES IN Q1
    * NIBE INDUSTRIER AB - WE EXPECT TO BE ABLE TO RETURN TO A
MORE
NORMAL SUPPLY CHAIN SITUATION DURING SECOND HALF OF YEAR
    * HANDFUL OF STRATEGIC SUPPLIERS ARE STILL LAGGING BEHIND IN
THEIR
EFFORTS TO INCREASE CAPACITY, WHICH MEANT THAT OUR SUPPLY CHAIN
DISRUPTIONS CONTINUED IN Q1

Source text for Eikon:  ID:nGNE17lYKx 
Further company coverage:  NIBEb.ST 

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