How we create shareholder value
Trends in home furnishing and interior design are international. Tastes and construction standards for kitchens in Europe are relatively similar. Nobia is consolidating a fragmented industry and capitalising on economies of scale through large-scale production and strong brands in dedicated channels. This creates the conditions for increased shareholder value.
Three reasons for investing in Nobia:
- The kitchen is the heart of the home for Europeans
- Nobia is Europe’s leading kitchen specialist with strong brands and a well-defined strategy
- Efficiency enhancements and profitability generate shareholder value
Dividend policy
One of Nobia’s financial targets is that dividends to shareholders shall correspond to at least 30 per cent of net profit after tax. Investment requirements, acquisition opportunities, liquidity and the financial position of the company are taken into consideration when preparing dividend proposals.
Each share, apart from own shares, entitles the holder to one vote and the right to a share of the company’s capital and profits. Nobia has only one class of share.
Contact with the stock market
Nobia’s objective is to simplify the market valuation process by providing clear information. Contact with the stock market is primarily based on quarterly financial reports, press releases and company presentations. In 2010, meetings with more than 400 investors and analysts took place in Sweden and abroad.
At year-end, the following securities brokers and banks regularly tracked Nobia’s progress: ABG Sundal Collier, Carnegie, Danske Bank, Deutsche Bank, Handelsbanken, Nordea, Penser Bank, SEB Enskilda and Swedbank.
Latest update: 25 May 2011