Nibe shares surge after stronger profits and higher revenue in Q2

Profit before tax rose to SEK 1,025 million in the second quarter, up from SEK 700 million in the same quarter last year. The operating margin, profit in relation to sales, rose from 9.4 to 11.4 percent.

Revenue increased by 7.6 percent to SEK 10,849 million.

After the report, the company's shares rose 8.8 percent on the Stockholm Stock Exchange.