Swedish kitchen manufacturer Nobia posted net sales of €209.82 million (SEK 2.308 billion) in the third quarter of 2025, down 3% year-on-year. Growth in Northern Europe of 1% was offset by a 7% decline in the UK, where low residential property completions weighed on project volumes.
© Nobia
The company's gross margin rose to 38.6%, supported by a favourable product and customer mix and growth in high-end retail segments. Adjusted operating profit improved to €6.46 million (SEK 71 million), while operating cash flow increased to €9.28 million (SEK 102 million). Non-cash, one-off items affecting comparability totalled -€177.72 million (SEK -1.953 billion), mainly from an impairment of the UK business.
In the Nordics, organic growth was 1% with adjusted operating profit of €9 million (SEK 99 million) and an EBIT margin of 7.8%. UK operations saw a 7% decline in organic growth, generating €182,000 (SEK 2 million) in adjusted operating profit.
President and CEO Kristoffer Ljungfelt highlighted disciplined cost management and the opening of Nobia Park, a new production facility in Sweden, as key milestones supporting the company's strategic agenda and underlying profitability.
Source: www.moebelmarkt.de
