Selvaag Bolig ASA: full year and Q4 2018: Record profit and dividend
Selvaag Bolig had operating revenues of NOK 3 342 million for 2018, and an EBITDA margin adjusted for financial costs of 24.8 per cent. Strong results and a positive outlook mean that the company’s board has proposed a dividend of NOK 2.50 per share for the second half of 2018. That gives a total dividend for the year of NOK 4.50 per share.“We did extremely well in 2018, with strong results and a high return for our shareholders. That’s the result of systematic work over time, strategic prioritisation and effective project development,” says CEO Olav H Selvaag. “We’re experiencing a good