Comments from the CEO
Morten Falkenberg, President and CEO, comments the third quarter 2016
“Nobia's sales increased in the third quarter, despite significant currency effects. I am very pleased with the growth we can report for the Nordic region and that we succeeded in improving the operating margin in the UK. Although macro-economic uncertainty did rise in the UK following the referendum, Nobia's third-quarter earnings in the region show that the company also remains on the right path there. Organic growth was the result of strong demand for kitchens in the project segment in the Nordic countries. We are working intensively towards achieving our target of an operating margin of 10 per cent as soon as possible," says President and CEO Morten Falkenberg.
Latest update: 28 October 2016