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Selvaag Bolig ASA Reports Strong Q3 Results and Optimistic Outlook

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Selvaag Bolig ASA Reports Strong Q3 Results and Optimistic Outlook

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Selvaag Bolig ASA ( (GB:0Q92) ) has provided an update.

Selvaag Bolig ASA reported strong third-quarter results, delivering 98 homes and achieving operating revenues of NOK 659 million with an adjusted EBITDA of NOK 90 million. The company has shown robust sales performance, selling 360 homes for NOK 2,328 million in the first nine months of the year. With 1,051 homes under construction and a positive market outlook following interest rate cuts, Selvaag Bolig is optimistic about future sales and plans several major launches in the coming months.

More about Selvaag Bolig ASA

Selvaag Bolig ASA is a residential development company that manages the entire value chain from land acquisition to completed residential and urban areas. With a 75-year history, the company operates in growth areas in and around major cities in Norway and Sweden, offering a variety of housing types, including the lifestyle concept Selvaag Pluss®.

Average Trading Volume: 28,572

Current Market Cap: NOK3.06B

Find detailed analytics on 0Q92 stock on TipRanks’ Stock Analysis page.

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