• US tariffs hit NIBE’s Stoves unit, weighing on earnings despite improvements in operating profit and margin in Q2 2026.
• New tariffs introduced early in the quarter are expected to cut annual operating profit by about SEK 150 million.
• Tariffs between the US and Canada significantly pressured its three Canadian stove businesses, limiting pricing flexibility without risking market share.
• Stoves now targets a 6-8% operating margin in the near term, down from a prior 10-13% ambition for 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NIBE Industrier AB published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.