New orders for BWG Homes December 2009

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BWG Homes ASA secured a total net order intake of NOK 150.5 million during December, compared with NOK 77.6 million for December 2008, an increase of 93.9 per cent. The net order intake in December for segment Norway was NOK 82.6 million (NOK 28.1 million), up 194.0 per cent. The net order intake in December for segment Sweden was NOK 67.9 million (NOK 49.5 million), up 37.2 per cent.

 

The total net order intake 4th quarter 2009:

BWG Homes ASA: NOK 689.9 million, up 206.8 per cent. Segment Norway: NOK 368.2 million, up 211.2 per cent. Segment Sweden: NOK 321.7 million, up 201.9 per cent.

 

The total net order intake per December 2009:

BWG Homes ASA: NOK 2,881.6 million, up 22.8 per cent. Segment Norway: NOK 1,587.3 million, up 37.1 per cent. Segment Sweden: NOK 1,294.3 million, up 8.8 per cent.

 

See also monthly development at http://www.bwghomes.no/en/Investors-relations/Financial-info/New-orders/ and enclosed graph “New orders per month” from 2006 till date.

 

 

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. BWG Homes sells and constructs homes through own residential projects and for individual customers. Ranked as a leading residential house builder in its markets, the group annually completes more than 2 000 new homes. BWG Homes has 850 employees. In 2008 the turnover was NOK 3.2 billion.

 

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