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2017-01-31

Nobia AB: Nobia completes sales of Poggenpohl

The divestment of Poggenpohl has been approved by the competition
authorities in Germany and Austria and is completed today.

In Nobia's year-end report 2016, Poggenpohl will be recognised as
discontinued operations. The full year 2015 and the period
January-September 2016 will be restated with regards to the income
statement, organic growth, specification of items affecting
comparability, cash-flow statement and comparative data per region,
to facilitate comparability between the years. These restatements
will be presented in an appendix to the year-end report.

For further information:
Kristoffer Ljungfelt, CFO
+46 (0)8 440 16 09 or +46 721 413 619
kristoffer.ljungfelt@nobia.com
Nobia develops and sells kitchen solutions through a number of strong
brands in Europe, including Magnet in the UK, HTH, Marbodal, Sigdal,
Norema, Petra and A la Carte in the Nordic region, and ewe, Intuo and
FM in Austria. Nobia generates profitability by combining economies
of scale with attractive kitchen offerings. The Group had around
6,500 employees and net sales of about SEK 13 billion in 2015. The
share is listed on Nasdaq Stockholm under the ticker NOBI. Website:
www.nobia.com (http://www.nobia.se/)

This information is such information that Nobia is obliged to publish
in accordance with the EU Market Abuse Regulation. The information
was submitted for publication, through the agency of the contact
person above, on 31 January 2017 at 14.20 CET.

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http://news.cision.com/nobia-ab/r/nobia-completes-sales-of-poggenpohl,c2...
http://mb.cision.com/Main/5927/2177328/621703.pdf

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