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Continued profitable growth

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1 April – 30 June 2017

  • Net sales amounted to SEK 3,387 M (2,703)
  • Operating profit was SEK 405 M (165), of which profit from sale of land totalled SEK 99 M (-28)
  • Operating margin was 12.0 (6.1) per cent
  • Profit after financial items was SEK 346 M (92)
  • Profit for the period after tax amounted to SEK 271 M (74)
  • Cash flow before financing was SEK -327 M (-285)
  • Earnings per share were SEK 2.51 (0.66)
  • Return on capital employed amounted to 18.7 (14.1) per cent
  • The number of production starts of housing units in the period was 1,442 (1,506)
  • The number of housing units sold in the period was 1,020 (1,763)
  • The number of housing units recognized for profit was 1,281 (1,101)

1 January – 30 June 2017

  • Net sales amounted to SEK 6,289 M (4,581)
  • Operating profit was SEK 908 (349) M, of which profit from sale of land totalled SEK 382 M (-19)
  • Operating margin was 14.4 (7.6) per cent
  • Profit after financial items was SEK 795 M (206)
  • Profit for the period after tax amounted to SEK 622 M (162)
  • Cash flow before financing was SEK -1,406 M (-861)
  • Earnings per share were SEK 5.75 (1.50)
  • Return on capital employed amounted to 18.7 (14.1) per cent
  • The number of production starts of housing units in the period was 2,891 (2,253)
  • The number of housing units sold in the period was 1,870 (2,551)
  • The number of housing units recognized for profit was 2,156 (1,730)

 
Invitation to analyst and media meeting

Joachim Hallengren, CEO and Ann-Sofi Danielsson, CFO and Head of Investor Relations will present the first quarter 2017. The presentation will end with a Q&A.

Venue: Bonava’s headquarter, Lindhagensgatan 72, Stockholm, Sweden.
Time: Tuesday, July 18, 10:00–11:00 a.m. Registration and coffee served from 9:30 a.m.
Registration: Register by e-mail at ir@bonava.com or by telephone at +46 737 739 845.

To participate in the teleconference and ask questions, call one of the following numbers:
SE: +46 851 999 355, DE: +49 211 971 900 86, UK: +44 203 194 05 50, US: +18 552 692 605

The presentation will also be broadcast live at bonava.com/en/investor-relations, where presentation material will be available for downloading and the teleconference will be available for replay.

For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations
ann-sofi.danielsson@bonava.com
Tel: +46 706 740 720

Rasmus Blomqvist, Investor relations
rasmus.blomqvist@bonava.com
Tel: +46 737 739 845

E-mail: ir@bonava.com


Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930’s. Today Bonava has 1,600 employees and operates in Sweden, Finland, Denmark, Norway, Germany, St. Petersburg, Estonia and Latvia with sales of SEK 13.5 billion. Bonava’s shares are listed on Nasdaq Stockholm.

For more information about us: bonava.com

This information was prior to this release inside information and is information that Bonava AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on 18 July 2017.

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Bonava Q2 2017

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