New orders for BWG Homes November 2007
(Oslo 3 December 2007) BWG Homes ASA secured a total net order intake of NOK 321.2 million during November, compared with NOK 414.6 million for November 2006, a decrease of 22.5 per cent. The net order intake in November for segment Norway was NOK 140.7 million (175.0 million), down 19.6 per cent. The net order intake in November for segment Sweden was NOK 180.5 million (239.6 million), down 24.7 per cent.
The total net order intake for the year so far is NOK 3 152.7 million, an increase of 3.9 per cent compared with the same period of 2006 (NOK 3 034.9 million). Segment Norway totals NOK 1 336.2 million (NOK 1 566.4 million), down 14.7 per cent. Segment Sweden totals NOK 1 816.5 (NOK 1 468.5 million), up 23.7 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, president and CEO, BWG Homes ASA, tel: +47 23 24 60 00
Ketil Kvalvik, CFO, BWG Homes ASA, tel: +47 23 24 60 42, +47 90 77 13 15
BWG Homes develops, sells and constructs residential homes in the Nordic region. The present brands owned by the group are Block Watne 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 2 500 new homes. BWG Homes has 1 340 employees. In 2006 the pro forma turnover was NOK 3 billion.
BWG Homes ASA is listed at Oslo Børs with the ticker BWG. www.bwghomes.no