New orders for BWG Homes November 2012

BWG Homes ASA secured a total net order intake of NOK 297.7 million during November 2012 compared with NOK 219.1 million for November 2011, an increase of 35.9 per cent.

The net order intake in November for Segment Norway was NOK 205.9 million (NOK 134.0 million), up 53.7 per cent. The net order intake in November for Segment Sweden was NOK 91.8 million (NOK 85.1 million), up 7.9 per cent.

The total net order intake for the year so far:

BWG Homes ASA: NOK 3 183.5 million, up 5.5 per cent, segment Norway: NOK 2 080.2 million, up 5.6 per cent, Segment Sweden: NOK 1 103.3 million, up 5.4 per cent.

See also monthly development.

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 1 023 employees. In 2011 the turnover was NOK 3.2 billion.