BWG Homes ASA: New orders for BWG Homes December 2011

BWG Homes ASA secured a total net order intake of NOK 180.4 million during December 2011 compared with NOK 223.4 million for December 2010, a decrease of 19.3 percent. The net order intake in December for Segment Norway was NOK 89.0 million (NOK 112.7 million), down 21.0 percent. The net order intake in December for Segment Sweden was NOK 91.4 million (NOK 110.7 million), down 17.5 percent.

The total net order intake 4th quarter 2011:
BWG Homes ASA: NOK 634.1 million, down 18.2 per cent. Segment Norway: NOK 380.7 million, down 3.4 per cent. Segment Sweden: NOK 253.4 million, down 33.4 per cent.

The total net order intake per December 2011:
BWG Homes ASA: NOK 3 197.4 million, down 7.5 percent. Segment Norway: NOK 2 059.3 million, up 4.9 percent. Segment Sweden: NOK 1 138.1 million, down 23.8 percent.

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

Further information from:
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.