NIBE Industrier AB (publ)

LSE:0RH0 Stock Report

Market Cap: SEK 83.1b

NIBE Industrier Management

Management criteria checks 4/4

NIBE Industrier's CEO is Gerteric Lindquist, appointed in Jan 1989, has a tenure of 36.33 years. total yearly compensation is SEK10.67M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.6% of the company’s shares, worth SEK3.82B. The average tenure of the management team and the board of directors is 7.4 years and 3 years respectively.

Key information

Gerteric Lindquist

Chief executive officer

SEK 10.7m

Total compensation

CEO salary percentage100.00%
CEO tenure36.3yrs
CEO ownership4.6%
Management average tenure7.4yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gerteric Lindquist's remuneration changed compared to NIBE Industrier's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

SEK 2b

Dec 31 2024SEK 11mSEK 11m

SEK 1b

Sep 30 2024n/an/a

SEK 776m

Jun 30 2024n/an/a

SEK 2b

Mar 31 2024n/an/a

SEK 3b

Dec 31 2023SEK 10mSEK 10m

SEK 5b

Sep 30 2023n/an/a

SEK 5b

Jun 30 2023n/an/a

SEK 5b

Mar 31 2023n/an/a

SEK 5b

Dec 31 2022SEK 9mSEK 9m

SEK 4b

Sep 30 2022n/an/a

SEK 4b

Jun 30 2022n/an/a

SEK 4b

Mar 31 2022n/an/a

SEK 3b

Dec 31 2021SEK 8mSEK 8m

SEK 3b

Sep 30 2021n/an/a

SEK 4b

Jun 30 2021n/an/a

SEK 3b

Mar 31 2021n/an/a

SEK 3b

Dec 31 2020SEK 8mSEK 8m

SEK 3b

Sep 30 2020n/an/a

SEK 2b

Jun 30 2020n/an/a

SEK 2b

Mar 31 2020n/an/a

SEK 2b

Dec 31 2019SEK 7mSEK 7m

SEK 2b

Sep 30 2019n/an/a

SEK 2b

Jun 30 2019n/an/a

SEK 2b

Mar 31 2019n/an/a

SEK 2b

Dec 31 2018SEK 6mSEK 6m

SEK 2b

Compensation vs Market: Gerteric's total compensation ($USD1.10M) is below average for companies of similar size in the UK market ($USD3.71M).

Compensation vs Earnings: Gerteric's compensation has been consistent with company performance over the past year.

CEO

Gerteric Lindquist (73 yo)

36.3yrs
Tenure
SEK 10,666,000
Compensation

Mr. Gerteric Lindquist serves as the Chief Executive Officer since 1989 and Managing Director of NIBE Industrier AB (publ) and served as its President. Mr. Lindquist also serves as the Chief Executive Offi...

Leadership Team

NamePositionTenureCompensationOwnership
Gerteric Lindquist
CEO, MD & Director36.3yrsSEK 10.67m4.6%
SEK 3.8b
Hans Backman
Chief Financial Officer13.5yrsno data0.013%
SEK 10.7m
Fredrik Erlandsson
Head of Corporate Communications & Investor Relations1.3yrsno datano data
Niklas Gunnarsson
Head of Business Area - NIBE Stovesno datano data0.10%
SEK 84.9m
Christer Fredriksson
Head of Business Area - NIBE Elementno datano data0.91%
SEK 755.8m
Kenneth Magnusson
Chief Sustainability Officerno datano datano data
Simon Karlin
Head of NIBE Climate Solutions1.3yrsno datano data
7.4yrs
Average Tenure
58.5yo
Average Age

Experienced Management: 0RH0's management team is seasoned and experienced (7.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gerteric Lindquist
CEO, MD & Director36.3yrsSEK 10.67m4.6%
SEK 3.8b
Anders Palsson
Independent Director15yrsSEK 500.00kno data
Hans Linnarson
Independent Chairman19.3yrsSEK 1.00m0.00047%
SEK 390.4k
Eva Karlsson
Independent Director3yrsSEK 500.00k0.00040%
SEK 332.2k
James Ahrgren
Independent Director1yrSEK 500.00kno data
Camilla Ekdahl
Independent Director1yrSEK 500.00kno data
Eva Thunholm
Independent Director3yrsSEK 500.00kno data
3.0yrs
Average Tenure
58yo
Average Age

Experienced Board: 0RH0's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/20 08:24
End of Day Share Price 2025/05/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NIBE Industrier AB (publ) is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emmi ÖstlundABG Sundal Collier
null nullABG Sundal Collier
James WinchesterBarclays