Bonava’s Q1 interim report for 2023:Adapting to a changing world
First quarter, January – March 2023*: · Net sales amounted to SEK 2,446 M (2,648) · The gross margin was 10.4 per cent (11.6) · Operating profit totalled SEK 39 M (82), and the operating margin was 1.6 per cent (3.1) · Earnings per share was SEK -0.36 (0.27) · The number of housing units sold was 303 (795) · The number of production starts was 334 (410) · The number of building rights amounted to 32,800 (32,900) · On 2 February 2023, Bonava announced a revision of its financial targets. A new target is that the operating margin is to amount to at least 10 per cent