Good demand in a mixed market
1 April – 30 June 2019
- Net sales amounted to SEK 2,758 M (2,773)
- Operating profit was SEK 182 M (306), of which profit from sale of land totalled SEK 62 M (93)
- Operating margin was 6.6 per cent (11.0)
- Profit after financial items was SEK 160 M (270)
- Profit for the period after tax amounted to SEK 120 M (212)
- Cash flow before financing was SEK 21 M (-358)
- Earnings per share was SEK 1.11 (1.96)
- Return on capital employed was 11.8 per cent (11.3)
1 January – 30 June 2019
- Net sales amounted to SEK 5,595 M (4,411)
- Operating profit was SEK 347 M (349), of which profit from sale of land totalled SEK 62 M (154)
- Operating margin was 6.2 per cent (7.9)
- Profit after financial items was SEK 294 M (273)
- Profit for the period after tax amounted to SEK 220 M (214)
- Cash flow before financing was SEK -1,074 M (-1,132)
- Earnings per share was SEK 2.04 (1.98)
- Return on capital employed was 11.8 per cent (11.3)
Invitation to telephone conference and webcast:
Date and Time: July 16, at 10:00-11:00 (CET)
The Half-year Report will be presented at the telephone conference by Joachim Hallengren, President and CEO and Ann-Sofi Danielsson, CFO. The presentation is also available as webcast on: bonava.com/audiocast_Q2
Dial-in information:
SE: +46 851 999 355
DE: +49 211 971 900 86
UK: +44 203 194 05 50
US: +18 552 692 605
Please call in a few minutes before the start time to register your attendance by stating your name and company name.
Q2 material will be available for downloading on our webpage: www.bonava.com
For more information, please contact:
Louise Tjeder, Head of Investor Relations
louise.tjeder@bonava.com
Tel: +46 (0) 70 782 63 74
Bonava’s media line:
ir@bonava.com
Tel: +46 (0) 739 05 60 63
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 14.0 billion in 2018. 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 16 July 2019.