More housing starts and favourable sales development in a challenging quarter

1 April – 30 June 2020

  • Net sales amounted to SEK 3,537 M (2,758)
  • Operating profit totalled SEK 56 M (182) 
  • Operating margin was 1.6 per cent (6.6)
  • Profit after financial items was SEK 25 M (160)
  • Profit for the period after tax amounted to SEK 18 M (120)
  • Cash flow before financing was SEK 1,131 M (78)
  • Earnings per share was SEK 0.17 (1.11)
  • Return on capital employed was 6.2 per cent (11.8)
  • Sales value of housing units sold in the period was SEK 3,010 M (2,997)
  • Solid access to financing, unutilised financing facilities totalled SEK 3,995 M (1,226)

1 January – 30 June 2020

  • Net sales amounted to SEK 6,846 M (5,595)
  • Operating profit totalled SEK 87 M (347) 
  • Operating margin was 1.3 per cent (6.2)
  • Profit after financial items was SEK 27 M (294)
  • Profit for the period after tax amounted to SEK 20 M (220)
  • Cash flow before financing was SEK 927 M (-1,017)
  • Earnings per share was SEK 0.18 (2.04)
  • Return on capital employed was 6.2 per cent (11.8)
  • Sales value of housing units sold in the period was SEK 6,288 M (4,836)

For more information, please contact:

Louise Tjeder, Head of IR
louise.tjeder@bonava.com
Tel: +46 707 826 374

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

Bonava is a leading residential development company in Northern Europe which has been creating homes and neighbourhoods since the 1930s. With its 2,300 co-workers, Bonava 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, visit: www.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 2020.

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Bonava is a leading residential development company in Northern Europe. Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 2,300 co-workers 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.

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