Quarterly Report January-September 2017

Press release

Good result and increased number of sold homes

1 July – 30 September 2017

• Net sales amounted to SEK 2,135 M (2,327)
• Operating profit was SEK 218 M (228), of which profit from sale of land totalled SEK 65 M (7)
• Operating margin was 10.2 (9.8) per cent
• Profit after financial items was SEK 167 M (159)
• Profit for the period after tax amounted to SEK 130 M (125)
• Cash flow before financing was SEK 300 M (-32)
• Earnings per share was SEK 1.21 (1.15)
• Return on capital employed amounted to 18.5 (14.6) per cent
• The number of production starts of housing units in the period was 1,208 (897)
• The number of housing units sold in the period was 1,336 (965)
• The number of housing units recognized for profit was 896 (757)

1 January – 30 September 2017

• Net sales amounted to SEK 8,424 M (6 289)
• Operating profit was SEK 1,126 M (577), of which profit from sale of land totalled SEK 447 M (-9)
• Operating margin was 13.4 (8.4) per cent
• Profit after financial items was SEK 962 M (365)
• Profit for the period after tax amounted to SEK 752 M (287)
• Cash flow before financing was SEK -1,106 M (-893)
• Earnings per share was SEK 6.96 (2.65)
• Return on capital employed amounted to 18.5 (14.6) per cent
• The number of production starts of housing units in the period was 4,099 (3,150)
• The number of housing units sold in the period was 3,206 (3,516)
• The number of housing units recognized for profit was 3,052 (2,487)

Invitation to analyst and media meeting

Joachim Hallengren, CEO and Ann-Sofi Danielsson, CFO, will present the Interim Report. The presentation will be concluded with a Q&A session.

Place: Lindhagensgatan 72, Stockholm, Sweden.
Time: 24 October 2017, 10.00–11.00 a.m. Registration and coffee from 09.30 a.m.

Please notify Bonava of your intention to attend at [email protected], or by phone on +46 (0) 737 739 845

To participate in the telephone conference and ask questions, please call one of the following telephone numbers:

The presentation will also be streamed live at bonava.com/investor-relations. The presentation will be available for download from the web-site, and it will be possible to view a video of the presentation after the event.

For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations
[email protected]
Tel: +46 706 740 720

Rasmus Blomqvist, Investor relations
[email protected]
Tel: +46 737 739 845

E-mail: [email protected]

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930’s. Today Bonava has 1,600 employees and operates in Sweden, Finland, Denmark, Norway, Germany, St. Petersburg, Estonia and Latvia with sales of SEK 13.5 billion. Bonava’s shares are listed on Nasdaq Stockholm.

For more information about us: bonava.com

This information was prior to this release inside information and is information that Bonava AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07.30 CET on 24 October 2017.