BWG Homes ASA : New orders for BWG Homes November 2011

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BWG Homes ASA secured a total net order intake of NOK 219.1 million during November 2011 compared with NOK 290.8 million for November 2010, a decrease of 24.7 percent. The net order intake in November for Segment Norway was NOK 134.0 million (NOK 141.0 million), down 5.0 percent. The net order intake in November for Segment Sweden was NOK 85.1 million (NOK 149.8 million), down 43.2 percent.

The total net order intake for the year so far:
BWG Homes ASA: NOK 3 017.0 million, down 6.7 percent. Segment Norway: NOK 1 970.3 million, up 6.5 percent. Segment Sweden: NOK 1 046.7 million, down 24.3 percent.

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/.

Further information from:
Lars Nilsen, CEO, BWG Homes ASA, tel: +47 23 24 60 00,
Arnt Eriksen, CFO, BWG Homes ASA, tel: +47 23 24 60 37, +47 922 14 625.

BWG Homes develops, sells and constructs residential homes in the Nordic region. The brands owned by the group are Block Watne and Hetlandhus in Norway, Myresjöhus and SmålandsVillan in Sweden. Ranked as a leading residential house builder in its markets, the group annually completes approx. 2 000 new homes through own residential projects and for individual customers. BWG Homes has 1 000 employees. In 2010 the turnover was NOK 2.9 billion.

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)