Strong start of the year
1 January – 31 March 2017
- Net sales amounted to SEK 2,903 M (1,877)
- Operating profit was SEK 503 M (184), of which profit from sale of land totalled SEK 283 M (9)
- Operating margin was 17.3 (9.8) per cent
- Profit after financial items was SEK 449 M (113)
- Profit for the period after tax amounted to SEK 350 M (88)
- Cash flow before financing was SEK -1,079 M (-576)
- Earnings per share were SEK 3.24 (0.84)
- Return on capital employed amounted to 17.0 (13.6) per cent
- The number of production starts of housing units in the period was 1,449 (747)
- The number of housing units sold in the period was 850 (788)
- The number of housing units recognised for profit was 875 (629)
Invitation to analyst and media meeting
Joachim Hallengren, CEO and Ann-Sofi Danielsson, CFO, will present the interim report and the presentation will be followed by a Q&A session.
Venue: Bonava’s headquarter, Lindhagensgatan 72, Stockholm, Sweden.
Time: Thursday, April 27, 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:
DE: +49 211 971 90 086, UK: +44 203 194 05 50, SE: +46 8 519 993 55, US: +1 855 269 26 05
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 27 April 2017.
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