Selvaag Bolig ASA: Q3 016: High level of activity and positive outlook
Third quarter 2016: · Value of homes sold NOK 1 130 million (2015: NOK 750 million) · 277 homes sold (208), construction started on 223 (204) and 129 delivered to the buyer (202) · Average sales price of NOK 4.1 million (NOK 3.6 million) · IFRS: operating revenues NOK 387 million (NOK 778 million), EBITDA adjusted for financial expenses NOK 92 million (NOK 134 million) representing a margin of 23.8 per cent (17.2 per cent) · NGAAP (percentage of completion method): operating revenues NOK 941 million (NOK 826 million), EBITDA NOK 203 million (NOK 122 million) representing a