NIBE reports continued recovery in Q3 2025 with increased sales
Operating profit rose significantly to MSEK 1,139. The company maintains its full-year margin ambition despite currency and tariff headwinds.
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Manufacturer of energy-efficient climate, heating, and industrial solutions
nibegroup.comLast updated
In short: NIBE reported stronger Q2 2026 sales and margins as heat-pump demand supported its recovery.
Operating profit rose significantly to MSEK 1,139. The company maintains its full-year margin ambition despite currency and tariff headwinds.
Inventory levels normalize across markets while an implemented action program targets future margin recovery through anticipated annual cost savings.
Increased productivity and cost control drove earnings growth, while tariffs and a strong Swedish currency presented ongoing challenges across global markets.
Operating margins expand thanks to robust heat pump demand and disciplined cost management across global operations.
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