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BWG Homes ASA: New orders for BWG Homes October 2011

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BWG Homes ASA secured a total net order intake of NOK 234.6 million during October 2011 compared with NOK 260.6 million for October 2010, a decrease of 10.0 percent. The net order intake in October for Segment Norway was NOK 157.7 million (NOK 140.4 million), up 12.3 percent. The net order intake in October for Segment Sweden was NOK 76.9 million (NOK 120.2 million), down 36.0 percent.

The total net order intake for the year so far:
BWG Homes ASA: NOK 2 797.9 million, down 4.9 percent. Segment Norway: NOK 1 836.3 million, up 7.4 percent. Segment Sweden: NOK 961.6 million, down 22.0 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 1 025 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)