Trade Bonava B - BONAVb CFD

Bo Company profile

About Bonava AB (publ)

Bonava publ AB is a Sweden-based company, which is primarily involved in real estate development industry. The Company operates as a developer of housing units to consumers and investors in Sweden, Germany, Finland, Denmark, Norway, the Russian Federation, Estonia and Latvia. In Germany, the Company's offering is targeted at consumers and investors through both single-family houses and multi-family houses. The Company operates on the basis of an own-produced construction system in Germany, which is used in all new construction, thus enabling an efficient construction process. In Estonia and Latvia, the Company’s offering is primarily targeted at consumers, based on multi-family houses. In Russia, it operates solely in Saint Petersburg region with offering comprises of multi-family houses.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Bonava AB (publ) revenues decreased 9% to SEK15.49B. Net income applicable to common stockholders increased 10% to SEK808M. Revenues reflect Nordic segment decrease of 26% to SEK3.39B, Sweden segment decrease of 6% to SEK3.33B, Germany segment decrease of 3% to SEK7.28B. Net income reflects Germany segment income increase of 22% to SEK914M, St.