Bonava adjusts segment reporting as from 2022

After the year end, Bonava has changed the segment reporting in its external financial reporting.

The segment Nordic is divided, and new segments will be Finland and Norway. The segment St. Petersburg-Baltics is divided, and new segments will be St. Petersburg and Baltics. Parent company and adjustments will change name to Other operations and include Bonava’s Head Office as well as group adjustments and eliminations here we will also include the remaining part of the Danish operation. The segments Germany and Sweden are unchanged. The purpose of the adjusted segment reporting is to increase the transparency and the possibility to follow each Business unit development.

The new segment reporting is effective from 1 January 2022 and will be published in the first quarterly report 2022 on April 29.

For more information, please contact:

Anna Falck Fyhrlund, Head of Investor Relations
anna.falck@bonava.com
Tel: +46 707 604 914

Bonava is a leading residential developer in Europe with the purpose to create happy neighbourhoods for the many. The company is the first residential developer in Europe to receive approval from the Science Based Targets initiative for its climate targets. With its 2,100 co-workers, Bonava develops residential housing in Germany, Sweden, Finland, Norway, St. Petersburg, Estonia, Latvia and Lithuania, with net sales of approximately SEK 15.5 Bn in 2021. Bonava’s shares and green bond are listed on Nasdaq Stockholm.

For more information about us, visit: bonava.com