NIBE Industrier AB (publ)

OM:NIBE B Stock Report

Market Cap: SEK 85.0b

NIBE Industrier Management

Management criteria checks 3/4

NIBE Industrier's CEO is Gerteric Lindquist, appointed in Jan 1989, has a tenure of 35.92 years. total yearly compensation is SEK9.97M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.6% of the company’s shares, worth SEK3.91B. The average tenure of the management team and the board of directors is 7 years and 2.6 years respectively.

Key information

Gerteric Lindquist

Chief executive officer

SEK 10.0m

Total compensation

CEO salary percentage100.0%
CEO tenure35.9yrs
CEO ownership4.6%
Management average tenure7yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

NIBE Industrier AB (publ) (STO:NIBE B) Investors Are Less Pessimistic Than Expected

Mar 23
NIBE Industrier AB (publ) (STO:NIBE B) Investors Are Less Pessimistic Than Expected

NIBE Industrier (STO:NIBE B) Is Due To Pay A Dividend Of SEK0.65

Feb 24
NIBE Industrier (STO:NIBE B) Is Due To Pay A Dividend Of SEK0.65

NIBE Industrier AB (publ) (STO:NIBE B) Just Released Its Full-Year Earnings: Here's What Analysts Think

Feb 19
NIBE Industrier AB (publ) (STO:NIBE B) Just Released Its Full-Year Earnings: Here's What Analysts Think

We Think NIBE Industrier (STO:NIBE B) Can Stay On Top Of Its Debt

Feb 04
We Think NIBE Industrier (STO:NIBE B) Can Stay On Top Of Its Debt

At kr59.10, Is NIBE Industrier AB (publ) (STO:NIBE B) Worth Looking At Closely?

Jan 22
At kr59.10, Is NIBE Industrier AB (publ) (STO:NIBE B) Worth Looking At Closely?

Investors Will Want NIBE Industrier's (STO:NIBE B) Growth In ROCE To Persist

Jan 08
Investors Will Want NIBE Industrier's (STO:NIBE B) Growth In ROCE To Persist

Should You Be Adding NIBE Industrier (STO:NIBE B) To Your Watchlist Today?

Dec 26
Should You Be Adding NIBE Industrier (STO:NIBE B) To Your Watchlist Today?

CEO Compensation Analysis

How has Gerteric Lindquist's remuneration changed compared to NIBE Industrier's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2018n/an/a

SEK 2b

Jun 30 2018n/an/a

SEK 2b

Mar 31 2018n/an/a

SEK 2b

Dec 31 2017SEK 5mSEK 5m

SEK 2b

Compensation vs Market: Gerteric's total compensation ($USD903.81K) is below average for companies of similar size in the Swedish market ($USD1.99M).

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

CEO

Gerteric Lindquist (73 yo)

35.9yrs

Tenure

SEK 9,966,000

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 & Director35.9yrsSEK 9.97m4.6%
SEK 3.9b
Hans Backman
Chief Financial Officer13.1yrsno data0.013%
SEK 11.0m
Fredrik Erlandsson
Head of Corporate Communications & Investor Relationsless than a yearno datano data
Niklas Gunnarsson
Head of Business Area - NIBE Stovesno datano data0.097%
SEK 82.7m
Christer Fredriksson
Head of Business Area - NIBE Elementno datano data0.91%
SEK 773.6m
Kenneth Magnusson
Chief Sustainability Officerno datano datano data
Simon Karlin
Head of business NIBE Climate Solutionsless than a yearno datano data

7.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: NIBE B's management team is seasoned and experienced (7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gerteric Lindquist
CEO, MD & Director35.9yrsSEK 9.97m4.6%
SEK 3.9b
Anders Palsson
Independent Director14.6yrsSEK 500.00k0.0045%
SEK 3.9m
Hans Linnarson
Independent Chairman18.9yrsSEK 1.00m0.00047%
SEK 399.6k
Eva Karlsson
Independent Director2.6yrsSEK 500.00k0.00040%
SEK 340.1k
James Ahrgren
Independent Directorless than a yearno datano data
Camilla Ekdahl
Independent Directorless than a yearno datano data
Eva Thunholm
Independent Director2.6yrsSEK 500.00kno data
James Ahgren
Directorless than a yearno datano data

2.6yrs

Average Tenure

58yo

Average Age

Experienced Board: NIBE B's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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
James WinchesterBarclays
Philip BullerBerenberg