Brief: Bonava Proposes That No Dividend Be Distributed For 2024

Bonava AB (publ)

04/02/2025 06:31

Feb 4 (Reuters) - Bonava AB (publ)  BONAVb.ST :
    * IN QUARTER, WE DELIVERED STABLE OPERATING MARGINS DESPITE
A
LOWER VOLUME OF HOMES HANDED OVER
    * BOARD OF DIRECTORS PROPOSES THAT NO DIVIDEND BE
DISTRIBUTED FOR
FINANCIAL YEAR 2024
    * WE HAVE A GROWING PROFITABILITY IN OUR PORTFOLIO OF
ONGOING
PROJECTS AND OUR PIPELINE OF FUTURE PRODUCTION STARTS UNDERPINS
FURTHER GROWTH
    * Q4 NUMBER OF HOUSING UNITS SOLD WAS 1,074 (356)
    * WE ENDED 2024 WITH A STRONG Q4 WITH BOTH NUMBER OF SOLD
AND
STARTED HOUSING UNITS DOUBLED
    * Q4 NUMBER OF HOUSING UNITS STARTED WAS 1,001 (394)
    * CONSUMER CONFIDENCE IS INCREASING, AND INVESTOR SENTIMENT
IS
IMPROVING

Source text:  ID:nWkrYkJpD 
Further company coverage:  BONAVb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))