Heating technology company Nibe has seen its share price fall following its interim report on Thursday, May 15, which showed a better-than-expected adjusted operating profit (2.9 percent better than expected).

The share, which fell 5.8 percent on the day of the report, is currently down 10.1 percent after the report was released, while the OMXS30 index for large companies has risen 1.2 percent.

Based on estimates received after the interim report, Factset's consensus for sales this year has been lowered by 1.1 percent, while the consensus for next year has been adjusted downward by 1.5 percent.

The consensus for adjusted operating profit has been raised by 0.5 percent for this year and lowered by 0.1 percent for next year.

The average recommendation for the share remains "hold." The average target price has been raised by 5.0 percent to SEK 43.71, from SEK 41.64.

The proportion of positive recommendations is now 21 percent (27), while the proportion of hold recommendations is 43 percent (47) and the proportion of negative recommendations is 36 percent (27).

Nibe
Share price performance on report date-
Date May 20, 2025 May 14, 2025 DifferenceNumber of estimates
Share 41.97 46.69 -
Average target price 43.71 41.64 5
Difference between target price and current share price 4-
Consensus recommendationHoldHold 14
Percentage of positive recommendations 2 2 3
Percentage of recommendations to keep 4 4 6
Percentage of negative recommendations 3 2 5
Sales, current year 40,990 41,460 - 11
Sales, next year 43,447 44,092 - 11
Sales growth, next year 6 6
Adjusted EBIT, current year 4,334 4,314 0 11
Adjusted EBIT, next year 5,112 5,115 - 11
Adjusted EBIT growth, next year 17 18
Source: Factset