Brief: Bonava Presents Outcome Of Strategic Review And Revised Financial Targets

Bonava AB (publ)

28/10/2021 06:10

Oct 28 (Reuters) - Bonava AB (publ)  BONAVb.ST :
    * BONAVA PRESENTS OUTCOME OF STRATEGIC REVIEW AND REVISED
FINANCIAL TARGETS
    * ONE OF TARGETS IS TO MORE THAN DOUBLE EARNINGS BEFORE TAX
TO SEK
2.2 BN IN 2026
    * AS AN EFFECT OF UPDATED STRATEGY, COSTS OF SEK-150 TO-200
MILLION WILL BE RECOGNISED AS ITEMS AFFECTING COMPARABILITY IN
Q4 OF 2021.
    * S TARGETS AND DIVIDEND POLICY AS OF 2022: PROFITABILITY:
EARNINGS BEFORE TAX OF SEK 2.2 BN IN 2026 (AN INCREASE OF 120
PER CENT FROM 2020)
    * TARGETS AND DIVIDEND POLICY AS OF 2022: GROWTH: 8,000
HOMES SOLD
IN 2026 (AN INCREASE OF 44 PER CENT FROM 2020)

Source text for Eikon:  ID:nWkr63KyLS 
Further company coverage:  BONAVb.ST 

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