NIBE Industrier AB (publ) (0RH0.IL)

48.60 -0.08 (-0.16%) At close: 06:45PM BST

NIBE Industrier AB (publ)

Järnvägsgatan 40
Markaryd 285 32
Sweden
46 4 33 27 30 00
https://www.nibe.com

Sector(s): Industrials
Industry: Building Products & Equipment
Full-time employees: 21,300

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Gerteric Lindquist	CEO, MD & Director	9.04M	N/A	1951
Mr. Hans Backman	Chief Financial Officer	N/A	N/A	1966
Ms. Christel Fritiofsson	Head of Investor Relations	N/A	N/A	N/A
Mr. Niklas Gunnarsson	Head of Bus. Area - NIBE Stoves	N/A	N/A	1965
Mr. Christer Fredriksson	Head of Bus. Area - NIBE Element	N/A	N/A	1955
Mr. Kenneth Magnusson	Chief Sustainability Officer	N/A	N/A	N/A
Mr. Klas Dahlberg	Head of Bus. Area - NIBE Climate Solutions	N/A	N/A	1964

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally. The company operates through three business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, ventilation products and air conditioning, climate control systems, water heaters and accumulator tanks, district heating products, PV panels, domestic boilers, commercial washing machines, and tumble dryers for homes, apartment blocks, hotels, hospitals, and commercial properties. The NIBE Element business area provides various components and solutions for heating and control, which include tubular, aluminum, foil, thick film, PTC, high-power, and ceramic elements, as well as open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment to domestic and household appliances; commercial products and professional kitchens; energy; transport; advanced technology; medicine; and aviation sectors, as well as industrial projects sectors. The NIBE Stoves business area offers free-standing, wood-burning, gas, and electric stoves; heat-retaining products; and chimney systems, as well as accessories. NIBE Industrier AB (publ) was founded in 1949 and is headquartered in Markaryd, Sweden.

Corporate governance

NIBE Industrier AB (publ)’s ISS governance QualityScore as of 1 October 2023 is 9. The pillar scores are Audit: 4; Board: 10; Shareholder rights: 8; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.