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NIBE B Nibe Industrier AB News Story

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Brief: Nibe Q3 Operating Profit Rises To SEK 1.04 Bln

Nov 18 (Reuters) - Nibe Industrier AB  NIBEb.ST :
    * REG-CONTINUED GOOD GROWTH – MAJOR FOCUS ON SUSTAINABILITY
AND
TARGETED MOBILISATION LIMIT THE EFFECTS OF COVID-19
    * Q3 NET SALES SEK 6,889 MILLION VERSUS SEK 6,349 MILLION
YEAR AGO
    * Q3  OPERATING PROFIT SEK 1,036 MILLION VERSUS SEK 851 
MILLION
YEAR AGO
    * ALL THREE OF OUR BUSINESS AREAS HAVE A GOOD GEOGRAPHICAL
SPREAD,
WHICH MAKES US LESS VULNERABLE TO LOCAL DOWNTURNS IN DEMAND.

Source text for Eikon:  ID:nGNEbT3L6M 
Further company coverage:  NIBEb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))

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