Bonava’s interim report January – June 2016

Strong second quarter with continued positive development

1 April–30 June 2016

  • Net sales increased during the period by 45 per cent to SEK 2,703 million (1,864).
  • Operating profit improved by SEK 57 million to SEK 165 million (108). The operating margin was 6 per cent (6).
  • Profit after financial items amounted to SEK 92 million (12).
  • Profit for the period after tax amounted to SEK 74 million (9).
  • Cash flow before financing amounted to SEK -285 million (-392).
  • Earnings per share amounted to SEK 0.66 (0.07).
  • Return on capital employed amounted to 14 per cent (8).
  • The number of housing units sold during the period amounted to 1,763 (1,472). The number of production starts of housing units during the period amounted to 1,506 (1,403).

1 January–30 June 2016

  • Net sales increased during the period by 26 per cent to SEK 4,581 million (3,628).
  • Operating profit improved by SEK 167 million to SEK 349 million (182). The operating margin was 8 per cent (5).
  • Profit after financial items amounted to SEK 206 million (0).
  • Profit for the period after tax amounted to SEK 162 million (0).
  • Cash flow before financing amounted to SEK -861 million (-846).
  • Earnings per share amounted to SEK 1.50 (0.00).
  • Return on capital employed amounted to 14 per cent (8).
  • The number of housing units sold during the period amounted to 2,551 (2,614). The number of production starts of housing units during the period amounted to 2,253 (2,118).

The interim report will be presented on July 19 at 10.00 CET at Tändstickspalatset, Västra Trädgårdsgatan 15 i Stockholm. To participate in the teleconference and ask questions, call one of the following numbers: +46 8 519 993 55 (SE), +44 203 194 05 50 (UK), +1 855 269 26 05 (US) or +49 800 627 07 14 (DE). The presentation will be broadcast live on Bonava’s website www.bonava.com under Investor relations, where a recorded version of the presentation will also be available after the event.

 
For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations
ann-sofi.danielsson@bonava.com
Tel: +46 706 740 720

Bonava’s media line: +46 700 887 133, E-mail: ir@bonava.com

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930’s. Today Bonava has 1,400 employees and operates in Sweden, Finland, Denmark, Norway, Germany, St. Petersburg, Estonia and Latvia with sales of SEK 13 billion. Bonava’s shares are listed on Nasdaq Stockholm.

For more information about us:
bonava.com

This information is information that Bonava AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on 19 July 2016, at 08.00 CET.

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Bonava is a leading residential development company in Northern Europe. Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 2 000 employees and operates in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 14,5 billion in 2017. Bonava’s shares are listed on Nasdaq Stockholm.

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