Business
SBO: Lower deliveries hit earnings, but sales and backlog surged, supporting future growth
SBO: Lower deliveries hit earnings, but sales and backlog surged, supporting future growth
About this update from Selvaag Bolig Asa
Q1 2025 saw sharply lower deliveries and earnings, but sales and order backlog improved, with 169 units sold and 1,012 under construction. Net income turned negative, but strong market demand and a robust land bank support a positive outlook. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.