Magnet jobs under threat as sales plummet by more than half
Magnet owner Nobia has revealed its second quarter profits and sales have been slashed by the coronavirus lockdown. President and CEO Jon Sintorn (pictured) confirmed… [23-07-20]
Magnet owner Nobia has revealed its second quarter profits and sales have been slashed by the coronavirus lockdown. President and CEO Jon Sintorn (pictured) confirmed… [23-07-20]
Swedish kitchen maker Nobia has announced that it is to temporarily lay off 3,000 staff – 2,300 of those at its UK Magnet store network. [30-03-20]
Nobia, which owns Magnet in the UK, has announced that Morten Falkenberg will step down from his post as chief executive after nine years. [17-05-19]
Swedish kitchen firm Nobia, which owns the UK Magnet chain, has said it will buy Dutch kitchen supplier Bribus Holding for €60 million (£53.7m) on a cash and debt-free basis. [20-07-18]
Nobia saw weakened UK sales in the fourth quarter of 2017 due to the phasing out of its Homebase business. [06-02-18]
Nobia saw an increase in sales in the second quarter of 2017, but saw profit dip due to currency losses. [24-07-17]
Swedish kitchen giant Nobia saw a slight increase in net sales in the fourth quarter of 2016, but took a hit from lower exchange rates. [09-02-17]
Nobia has agreed to sell all of its shares in Poggenpohl to Munich-based industrial holding group Adcuram. [19-12-16]
Nobia has reported a slowdown in profit in the UK for the third quarter of 2016, mainly driven by currency losses. [28-10-16]