Nibe Industrier Shares Drop 6% Amid Profitability Concerns, Halved Dividend, and 50% Drop in Investment

Shares of Nibe Industrier fell by 6% following concerns over profitability, as reported on February 14, 2025. The company's quarterly report revealed a higher-than-expected operating profit; however, it also included a halved dividend, which failed to reassure investors. Gerteric Lindquist, Nibe's CEO, suggested that investors should maintain a positive outlook despite the market's reaction. Many Swedish fund managers reported significant losses, with one major fund experiencing a 50% drop in its investment in Nibe. Analysts noted that while the results exceeded estimates, the company's debt levels raised concerns. The broader market reflected a downturn on Valentine's Day, with the OMXS30 index down 0.3%, as Nibe and Sinch stocks struggled at the bottom of the index.