NIBE_B: Sales and margins fell sharply amid weak demand, but recovery is targeted for 2025

About this update from Nibe Industrier Ab Class B

First-half results reflect sharp sales declines and margin compression across all segments due to weak demand and high inventories, especially in Europe. Cost-saving programs are underway, with gradual improvement expected in H2 and a return to historical margins targeted for 2025. Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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