Selvaag Bolig ASA: full year and Q4 2019: record result and dividend
Selvaag Bolig had an operating profit of NOK 3 369 million and EBITDA, adjusted for financial expenses, of NOK 959 million for 2019. That corresponded to a margin of 28.5 per cent.Good profitability and a positive outlook mean that the board proposes a dividend of NOK 3 per share for the second half of 2019, giving a total pay-out for the year of NOK 5 per share. “We had a very good year in 2019, with strong results and a high level of return to our shareholders,” says Rolf Thorsen, CEO of Selvaag Bolig. “We’ve just delivered an extraordinary dividend of NOK 22 per share in