Selvaag Bolig ASA: Q2 2021: Good margins and high dividend
Selvaag Bolig had an adjusted EBITDA of NOK 217 million for the first half and a margin of 23 per cent. The decision has been taken to pay a dividend of NOK 2.00 per share for the first half. “Good results and prospects underpin the dividend decision,” reports CEO Sverre Molvik. “We had a positive first half and expect to make good progress in the time to come. “Sales in the first half were the best for several years, the sales ratio for homes under construction is high, and the need for new homes in our core areas will be substantial. “We have also entered into an agreement to