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Nobia suffers turnover decline of 9% in 2020

EBIT almost halved due to one-off effects and creation of reserves

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Published in issue 7/2021
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Swedish kitchen furniture manufacturer Nobia AB (Stockholm) closed the fourth quarter of 2020 with virtually stable turnover of SEK3.450bn (Oct.-Dec. 2019: 3.445bn), despite temporary closure of its stores in Great Britain, Denmark and Austria. Development was burdened by the 10% decline to SEK1.304bn (1.455bn) ...

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