Brief: Bonava Says Recovery To Normal Conditions To Take Time

Bonava AB (publ)

19/07/2024 06:40

July 19 (Reuters) - Bonava AB (publ)  BONAVb.ST :
    * SAYS MARKET CONDITIONS IMPROVE COMPARED TO YEAR AGO, BUT
RECOVERY TO NORMAL CONDITIONS TO TAKE TIME
    * IS INCREASING PRODUCTION STARTS FROM LOW LEVEL, SEES
OPPORTUNITIES FOR INCREASING PRODUCTION STARTS IN H2 2024, 2025
    * NUMBER OF PRODUCTION STARTS WAS 342 (217)
    * CAN DELIVER POSITIVE OPERATING EBIT MARGIN FOR 2024
DESPITE
EXPECTED SIGNIFICANTLY LOWERED BUSINESS VOLUME

Source text for Eikon:  ID:nWkr4ThQDF 
Further company coverage:  BONAVb.ST 

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