Nobia AB

NOBI

Equity

ISIN SE0000949331 / Valor 1438095

NASDAQ Nordic Exchange Stockholm, Equities (2025-10-17)

SEK 4.38+0.74%

Nobia AB
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About company

Nobia AB is recognized as Europe's leading kitchen specialist, distinguishing itself through its comprehensive focus on kitchen solutions. The company operates by engaging with a significant customer base, reportedly meeting over 60,000 customers weekly and delivering upwards of 10,000 kitchens during the same period. Nobia's business model emphasizes the design and creation of kitchens that not only cater to the needs and preferences of consumers but also incorporate considerations for environmental sustainability. This approach reflects in their product development and operational strategies, aiming to inspire a healthier and more sustainable lifestyle among their users. With its headquarters in Stockholm, Sweden, Nobia has positioned itself as a key player in the kitchen industry across Europe, leveraging advanced manufacturing techniques, including robotics, to enhance its production capabilities and efficiency.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Net Sales Decline

Net sales decreased by 7% organically to SEK 2,512 million in the fourth quarter of 2024.

Enhanced Adjusted Operating Profit

Adjusted operating profit increased to SEK 48 million, up from SEK -32 million in the previous year.

Regional Performance

The Nordic region saw adjusted operating profit rise to SEK 115 million, while the UK region reported a loss of SEK -36 million.

Cost Reduction Initiatives

SG&A savings amounted to SEK 136 million, with total accumulated savings since early 2023 exceeding SEK 500 million.

Cash Flow and Funding

Operating cash flow stood at SEK 138 million, complemented by a SEK 190 million payment from a sale-and-leaseback transaction. Amendments to long-term funding terms were completed in December 2024.

Summarized from source with an LLMView Source

Key figures

-13.4%1Y

-51.4%3Y

-83.6%5Y

Performance

52.4%1Y

89.2%3Y

72.3%5Y

Volatility