Sweden's Bonava Q4 sales miss, EBIT beats estimates

Bonava AB (publ)

04/02/2026 06:10

Overview

Sweden-based residential developer's Q4 net sales missed analyst expectations

Q4 EBIT beat analyst expectations, with a significant improvement in EBIT margin

Company announced no dividend for 2025 financial year

Outlook

Company did not provide specific guidance for future quarters or year

Result Drivers

CONTROLLED GROWTH - CEO Peter Wallin stated the company transitioned from consolidation to controlled growth, improving net sales and EBIT

INCREASED PRODUCTION STARTS - The number of production starts for consumer and investor units increased, indicating a focus on future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 2.60 bln
SEK 2.75 bln (3 Analysts)
Q4 Gross Margin
15.80%
Q4 EBIT
Beat
SEK 257 mln
SEK 195.40 mln (3 Analysts)
Q4 EBIT Margin
9.90%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy"

Wall Street's median 12-month price target for Bonava AB (publ) is SEK15.00, about 11.1% above its February 3 closing price of SEK13.50

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nWkr8lGBRD

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)