Sweden's Nobia Q4 sales and EBIT miss estimates

Nobia AB

05/02/2026 07:37

Overview

Swedish kitchen solutions firm's Q4 net sales fell, missing analyst expectations

Q4 EBIT missed analyst estimates, with a reported loss of SEK 50 mln

Company announced SEK 1,500 mln rights issue, pending shareholder approval

Outlook

Nobia plans rights issue of SEK 1,500 mln in Q1 2026

Company expects SEK 80 mln cost savings from Q3 2026

Nobia focuses on Nordic markets post-UK divestment

Result Drivers

NORDIC FOCUS - Nobia's strategic focus on core Nordic markets, following the divestment of UK operations, aims to strengthen competitive position and support sustainable value creation

CUSTOMIZED PRODUCTS - Higher average order values, driven by an increased share of customized products, supported margin improvements across all markets

COST REDUCTION - Cost reduction initiatives, primarily linked to the UK divestment, resulted in items affecting comparability of SEK -122m and are expected to generate further savings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 1.40 bln
SEK 2.03 bln (3 Analysts)
Q4 EPS
-SEK 1.64
Q4 Net Income
-SEK 1.10 bln
Q4 EBIT
Miss
-SEK 50 mln
SEK 79.07 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Nobia AB is SEK4.75, about 20.6% above its February 4 closing price of SEK3.94

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nWkr5HFcMy

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)