Second quarter, April -
- Net sales amounted to
SEK 2,339 M (3,586) -
Operating gross margin amounted to 8.9 per
cent (10.4) - Operating EBIT amounted to
SEK 43 M (195) and operating EBIT margin was 1.8 percent (5.4) - Operating cash flow amounted to
SEK 720 M (-34) -
Cash flow before financing activities amounted to
SEK 307 M (543) -
Earnings per share, before and after dilution, was
SEK -0.46 (0.34) - The number of housing units sold was 400 (390)
- The number of production starts was 342 (217)
Year to date, January -
- Net sales amounted to
SEK 3,619 M (5,515) -
Operating gross margin amounted to 9.5 per
cent (9.8) - Operating EBIT amounted to
SEK 20 M (167) and operating EBIT margin was 0.6 percent (3.0) - Operating cash flow amounted to
SEK 513 M (-658) -
Cash flow before financing activities amounted to
SEK -176 M (-420) -
Earnings per share, before and after dilution, was
SEK -1.19 (-0.51) - The number of housing units sold to consumers was 702 (668)
- The number of production starts was 623 (551)
*Recognised revenue and profit pertain to continuing operations at the end of the period.
President and CEO
"Market conditions are continuing to improve compared to previous year, but recovery to normal conditions will take time. It is gratifying that the key German market reported stable earnings with increased profitability while it will take time before the Swedish and Finnish market turns. A strong cash flow for the period continued to decrease the net debt. We are increasing production starts from a low level, and are seeing many opportunities for gradually increasing production starts in second half of 2024 and 2025."
Report presentation today at
The report will be presented in English by President and CEO
https://bonava.videosync.fi/2024-07-19-q2
To participate in the telephone conference, please register at:
https://service.flikmedia.se/teleconference/?id=100416
After registration you will be provided with a phone number and a conference ID to access the conference. To ask questions, please follow the webcast and post your questions in the chat or call in and dial *5 on your phone.
The presentation materials and a recorded version of the conference will be available for download from bonava.com.
For more information, please contact:
anna.falck@bonava.com
Tel: +46 707 604 915
Fredrik Hammarbäck, Group Head of Press and Public Affairs
fredrik.hammarback@bonava.com
Tel: +46 739 056 063
This information is such that
Bonava is a leading residential developer in
For more information about us, visit:www.bonava.com
https://news.cision.com/bonava-group/r/bonava-s-interim-report-for-the-second-quarter-2024--increased-starts-and-lower-net-debt,c4016799
https://mb.cision.com/Main/13957/4016799/2921411.pdf
https://mb.cision.com/Public/13957/4016799/87b2e8838dc5a263.pdf
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