New orders for BWG Homes September 2007
(Oslo 1 October 2007) BWG Homes ASA (previous Block Watne Gruppen ASA) secured a total net order intake of NOK 305.5 million during September, compared with NOK 254.1 million for September 2006, an increase of 20.2 per cent. The net order intake in September for segment Norway was NOK 145.5 million (142.2 million), up 2.3 per cent. The net order intake in September for segment Sweden was NOK 160.1 million (111.9 million), up 43 per cent.
3rd quarter 2007
BWG Homes ASA: MNOK 699.2, +0.7 %
Segment Norway: MNOK 338.9, +3.6 %
Segment Sweden: MNOK 360.2, -1.9 %
Per September 2007
BWG Homes ASA: MNOK 2 621.6, + 7.3 %
Segment Norway: MNOK 1 117.1, -11.3 %
Segment Sweden: MNOK 1 504.5, +27.2 %
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, BWG Homes 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 2007 and 2006 are pro forma figures. BWG Homes reports its net order intake on a monthly basis.
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 ASA 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 complete more than 2 500 new homes. BWG Homes has 1 275 employees. In 2006 the pro forma turnover was NOK 3 billion.
BWG Homes ASA is listed at Oslo Børs with the ticker BWG.