Selvaag Bolig had an EBITDA (IFRS) adjusted for financial expenses of NOK 316 million for the second quarter of 2019. This was up by NOK 138 million from the same period of last year and gave a margin of 30.5 per cent. The board has resolved to pay a dividend of NOK 2.00 for the first half.
“The decision on the dividend has been taken on the basis of good results and a positive outlook,” explains CEO Rolf Thorsen.
At 30 June, Selvaag Bolig had 1 538 homes under construction with a combined value of more than NOK 7 billion. Seventy-one per cent of these units were already sold at that date.