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Nobia AB (NOBI.ST)

NOBI.ST on Stockholm Stock Exchange

61.00SEK
16 Oct 2018
Change (% chg)

0.45kr (+0.74%)
Prev Close
60.55kr
Open
61.10kr
Day's High
61.15kr
Day's Low
60.00kr
Volume
309,839
Avg. Vol
398,221
52-wk High
78.00kr
52-wk Low
57.90kr

Latest Key Developments (Source: Significant Developments)

Nobia Q2 operating profit falls
Friday, 20 Jul 2018 

July 20 (Reuters) - Nobia AB ::Q2 NET SALES FOR Q2 AMOUNTED TO SEK 3,503 MILLION.Q2 OPERATING PROFIT AMOUNTED TO SEK 387 MILLION (413), CORRESPONDING TO AN OPERATING MARGIN OF 11.0 PER CENT.NOBIA OPERATING PROFIT WAS SEEN AT 424 MLN SEK IN REUTERS SURVEY OF 3 ANALYSTS.Q2 ORGANIC GROWTH WAS A NEGATIVE 2 PER CENT (.SAYS DURING JUNE AND JULY WE CARRIED OUT EXTENSIVE MAINTENANCE WORK AND SITUATION HAS IMPROVED FOR Q3 DELIVERIES.SAYS WE NOW ESTIMATE THAT OUR PROJECT DELIVERIES IN SWEDEN WILL GROW DURING FIRST HALF OF 2019, AFTER WHICH THEY WILL MOST LIKELY NORMALIZE.SAYS OUR UK PROJECT BUSINESS HAS GOOD MOMENTUM AND ORDER BOOK IS MORE THAN TWICE AS BIG AS LAST YEAR.SAYS OUR FINANCIAL TARGETS INCLUDING DIVIDEND POLICY REMAIN UNCHANGED.SAYS GOING FORWARD WE BELIEVE THAT NORDIC KITCHEN MARKET WILL CONTINUE TO BE STRONG, MAINLY DRIVEN BY DANISH AND FINNISH PROJECT MARKETS.  Full Article

Nobia Q3 operating profit just below forecasts​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Nobia :Q3 ‍net sales amounted to SEK 2,905 million (2,999)​.Q3 ‍organic growth was a negative 1 per cent (pos: 3)​.Q3 ‍operating profit amounted to SEK 318 million (336)​.Says ‍in UK, organic growth was negatively impacted by phasing out of B2B customer homebase, whilst rest of business traded just slightly below last year​.Says ‍nordic growth momentum continues, driven by strong project markets.Reuters poll: EBIT was seen at 321 mln SEK, sales seen at 2,996 mln SEK .Shares fall 2.7 pct at 1206 GMT​.  Full Article