Brief: Bonava Reports Q1 Sales Falling to SEK 2.4 Billion After Completing Fewer Units Than Expected

Bonava AB (publ)

19/04/2023 20:34

Apr 19 (Reuters) - Bonava Q1 sales SEK 2,400 million.
* Q1 EBIT SEK 45 million
* Due to the delay in the handover of a number of units in Germany, the
Baltics and Norway, the number of completed units is approximately 800 instead
of the expected 940, the company said
* In current market conditions sales take longer; approximately 700 units have
been handed over and recognized in profit during the quarter: Bonava