Nimbus Group AB
SSTO:BOAT11.80
SEK
+0.15
(+1.29%)
ISIN
SE0015407390
Return %
Stock
S&P 500
1Y
-1.26
14.39
3Y
-48.25
81.42
5Y
-82.12
68.62
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
SEK
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
SEK
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in mil. unless spec.Company Description
- CEO
- Johan Inden
- Full Time Employees
- 307
- Sector
- Consumer durables
- Industry
- Recreational products
- Address
- Talattagatan 10 Västra Frölunda VG Sweden 426 76
- IPO Date
- Feb 9, 2021
- Website
- nimbus.se
- Similar Companies
- Business
- Nimbus Group AB (publ) is a Sweden-based company specializing in the design, manufacturing, and sale of premium recreational boats and yachts. The company offers a comprehensive range of products including cabin boats, day cruisers, family boats, and yachts, all characterized by smart functionality, comfort, safety, and Scandinavian design. Key product lines under the Nimbus brand include the WTC series of boats and the newly launched Nimbus 12 series, which serves as an updated successor to the successful WTC 11 series featuring extensive design improvements and variations such as Weekender, Tender, and Commuter models tailored to diverse customer needs within the premium boating segment. Nimbus Group operates primarily in the premium recreational marine market, targeting affluent consumers in Europe and other key markets with a strong focus on innovation, design refinement, and superior craftsmanship. Founded in 1968 and headquartered in Sweden, the company has established itself as a leader in the European boat manufacturing industry, maintaining a reputation for high-quality products that emphasize seaworthiness and Scandinavian design philosophy. Recent major developments include the launch of the Nimbus 12 series, announced in late 2025 with production starting in early 2026, aimed at reinforcing its position in the premium segment. Leadership changes were also notable with Johan Inden appointed as the new CEO in 2025, who has initiated modest share acquisitions to strengthen ownership ties. Operationally, the company reported a decline in net sales in 2024 and a continuing strategic focus on the premium boating segment, reflecting market conditions and evolving consumer preferences. Additionally, Nimbus Group has been active in reshaping its business strategy through product innovation and potential portfolio adjustments, although no major acquisitions were noted in the past two years. The group continues to enhance its financial and operational resilience amid challenging market conditions. Nimbus Group AB is publicly traded under the ticker BOAT.ST on the Stockholm Stock Exchange. It operates mainly in the Nordic region but serves broader international markets. The company also disclosed some changes in finance leadership with the CFO announcing departure after several years at the helm, signaling ongoing management restructuring. Overall, Nimbus Group remains committed to maintaining leadership within the premium boat manufacturing sector through ongoing product development, strategic leadership updates, and market-focused innovation.