Consolidation and market adaptations create foundation for positive progress

1 October – 31 December 2019

• Net sales amounted to SEK 6,499 M (6,206)
• Operating profit¹⁾ was SEK 693 M (899), of which profit from sale of land
  totalled SEK 181 M (61). The charge related to restructuring in Finland totalled SEK -159 M and was reported as an item affecting comparability.
• Operating margin¹⁾ was 10.7 per cent (14.5)
• Profit after financial items was SEK 504 M (870)
• Profit for the period after tax amounted to SEK 368 M (762)
• Cash flow before financing was SEK 969 M (956)
• Earnings per share adjusted for items affecting comparability amounted to SEK 4.55 (7.07)
• Earnings per share was SEK 3.42 (7.07)
• Return on capital employed was 8.1 per cent (12.8)

1 January – 31 December 2019

• Net sales amounted to SEK 15,474 M (14,008)
• Operating profit¹⁾ was SEK 1,202 M (1,654), of which profit from sale of land totalled SEK 272 M (245). The settlement in an old legal dispute of SEK -100 M and the charge related to restructuring in Finland of SEK -159 M were reported as  items affecting comparability.
• Operating margin¹⁾ was 7.8 per cent (11.8)
• Profit after financial items was SEK 834 M (1,513)
• Profit for the period after tax amounted to SEK 615 M (1,265)
• Cash flow before financing was SEK -138 M (-764)
• Earnings per share adjusted for items affecting comparability amounted to SEK 7.54 (11.74)
• Earnings per share was SEK 5.71 (11.74)
• Return on capital employed was 8.1 per cent (12.8)
• The Board of Directors propose a dividend of SEK 3.00 (5.20) per share
  1) Excluding items affecting comparability

Invitation to the presentation of the year-end report 2019:  

The report will be presented by President and CEO Joachim Hallengren and CFO Ann-Sofi Danielsson.

To participate in the telephone conference, dial one of the following numbers:

SE:  +46 856 642 651
DE:  +49 691 380 34 30
UK: +44 333 300  08 04
US: +16 319 131 422

Please call in a few minutes before the start time to register your attendance with the pin code: 73694087#   

The presentation can also be followed via audiocast on: bonava.com/audiocast Q4 and presentation material will be  available for downloading on Bonava.com.

For more information, please contact:

Louise Tjeder, Head of Investor Relations
louise.tjeder@bonava.com
Tel: +46 (0) 70 782 63 74

Fredrik Hammarbäck, Head of Press
fredrik.hammarback@bonava.com
Tel: +46 739 056 063

Bonava is a leading residential development company in Northern Europe. Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 2,100 employees and operates in Germany, Sweden, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 15.5 billion in 2019. Bonava’s shares are listed on Nasdaq Stockholm.

For more information about us, visit: bonava.com

This information is such that Bonava AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CET on 23 January 2020.