Update on developments related to COVID-19
Bonava regularly updates the market with relevant information on the effects of COVID-19. Since the most recent COVID-19 update, dated 9 April 2020, we have seen a cautious recovery in pace with the easing of restrictions in countries where Bonava is active. However, the situation is challenging and Bonava expects lower sales and disruptions to its production chain to have an impact on the housing units delivered in the second quarter. The risk communicated earlier, that delays to the delivery of housing units could have a negative impact on net sales and earnings for the current year, stands