Restatement of 2023 following divestures of Bribus and ewe

Following the divestures of Bribus in the Netherlands and ewe in Austria that were finalized in March 2024, Nobia will adjust its segment reporting to reflect these changes.

As of the first quarter of 2024, the region Portfolio Business Units will cease to exist and the remaining parts will be moved to the two remaining regions; the Nordic and the UK.

Commodore and CIE, suppliers of premium kitchens to property developers mainly in London, will be included in the UK region while Superfront, an on-line supplier of high-end design kitchen accessories based in Sweden, will be included in the Nordic region.

Refer to the attached Excel file for a restatement of the Group’s income statement 2023 excluding ewe and Bribus, and a restatement of Nobia’s segment reporting 2023 according to the new structure of two reported regions; the Nordic and the UK, and excluding Bribus and ewe.

For further information, please contact:
Tobias Norrby, Head of Investor Relations
+46 706 647335
[email protected]