Strong results in Norway in Q4 2012, still demanding in Sweden
BWG Homes Group operating revenues for Q4 2012 amounted to NOK 961 million, an increase of 5.2 per cent when compared to Q4 2011. Operational EBITDA for the quarter was NOK 146 million, an increase of 15.9 per cent. Operational EBITDA margin for the quarter was 15.2 per cent (13.8 per cent), and operational EBIT margin was 15.2 per cent (13.1 per cent). Write-down of goodwill in the Swedish operations of NOK 404 million has been made.The order backlog at the end of 2012 was NOK 1 455 million, down NOK 159 million from the end of 2011. The decline in order backlog is primarily a direct