Industry Classification Benchmark – ICB

At NASDAQ OMX we put great effort in presenting the companies in the most beneficent way for the market professionals. The result of this ambition is that the companies are divided into the exchange value segments Small Cap, Mid Cap and Large Cap. This is finalized by the companies being classified according to industry. The advantages are among others:

  • Improves the visibility of the listed companies.
  • The classification applies to companies globally.
  • An easier way to find the different companies in the respective industry.
  • Provides comprehensive peer groups with Swedish and foreign companies.

The exchanges in Stockholm, Helsinki, Copenhagen, Iceland, Riga, Tallinn and Vilnius all use the Industry Classification Benchmark (ICB) for sectorclassification of listed companies. A common standard facilitates analyses and comparisons between sectorsand companies in the Nordic and Baltic region.ICBwas developed by FTSE International, which is an independent supplier of global indexes and benchmark-based products and services.

The ICB structure consists of the following four levels:
Industry (10)
Supersector (19)
Sector (41)
SubSector (114)

  • The classification is based on each company's principal activity. For complete methodology please use the following link:
  • All information that shall be used as basis for classification must be available in a prospect, annual report, quarterly report or other type of public information.

Companies that shall be classified in conjunction with an IPO shall complete this form and send to NASDAQOMX who forwards it to ICB. Please note that the document shall be filled in English.

The document shall be sent to: you have any questions don’t hesitate to contact NASDAQ OMX, Corporate Client Group in Stockholm, Helsinki, Copenhagen, Iceland, Riga, Tallinn or Vilnius.

Please note! The application must be completed by computer. Handwritten forms will not be accepted.

Company Name: ………………………………

[1]ISIN Code…………………………………….

[2]Short Name: …………………………………..

Business description[3]:

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Examples of the company’s products, competitors and suggestion of potential ICB Subsector[4]

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Revenue per business unit[5]:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

Earnings breakdown[6]:

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Source of information[7]:

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1(2)

[1] Contact the Securities Register Centre (EuroClear) for ISIN code

[2] The short name is chosen by the company and it can be 4 characters at the most. If the short name is available it will be booked by NASDAQ OMX.

[3] Short and objective description of the company’s business.

[4] Description of the company’s products, example of competitors and suggestion of potential ICBSubsector.

[5] State the revenue per subsidiary, business unit or division.

[6] State the earnings breakdown according to footnote 5.

[7] State where the information is available. Please note that the information stated has to be public.