New orders for Block Watne Gruppen July 2007

(Oslo 1 August 2007) Block Watne Gruppen ASA secured a total net order intake of NOK 86.0 million during July, compared with NOK 86.0 million for July 2006, an increase of 0.1 per cent. The net order intake in July for segment Norway was NOK 28.1 million (27.4 million), up 2.4 per cent. The net order intake in July for segment Sweden was NOK 58.0 million (58.6 million), down 1.0 per cent.

The total net order intake for the year so far is NOK 2 008.5 million, an increase of 9.5 per cent compared with the same period of 2006 (NOK 1 834.0 million). Segment Norway totals NOK 806.3 million (NOK 959.6 million), down 16.0 per cent. Segment Sweden totals NOK 1 202.2 (NOK 874.4 million), up 37.5 per cent.
 
See also monthly development at http://blockwatne.no/page_omBlockWatne.asp?SiId=758&langid=538 and enclosed graph "New orders per month" from 2006 till date.
 
Following the acquisition of Prevesta AB, Block Watne Gruppen with effect from June 2007, reports the group's total net order intake and the distribution on segment Norway and segment Sweden. The total net order figures for January - July 2007 and for 2006 are pro forma figures.
 
Block Watne Gruppen reports its net order intake on a monthly basis.
 
Further information from:
Ketil Kvalvik, CFO, Block Watne Gruppen ASA, tel: +47 23 24 60 42,
+47 90 77 13 15

About Us

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, Kärnhem, 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 approx. 1 000 employees. In 2013 the operational turnover was NOK 3.9 billion. BWG Homes is a company in the OBOS Group.

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