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Selvaag Bolig Achieves Record First Quarter Sales

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Selvaag Bolig Achieves Record First Quarter Sales

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

Selvaag Bolig reported strong sales in the first quarter, selling 196 homes for 1,244 million kroner, marking the highest net sales value in the first quarter since 2021. The company has increased its construction activities with 1,012 homes under construction and aims to further expand its order reserve, reflecting a positive market reception and strategic growth in its core areas.

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. The company has a 75-year history and operates in growth areas around the largest cities in Norway and Sweden, offering a wide range of housing types, including the lifestyle concept Selvaag Pluss®.

YTD Price Performance: 0.70%

Average Trading Volume: 3,680

Technical Sentiment Signal: Strong Sell

Current Market Cap: NOK3.4B

See more insights into 0Q92 stock on TipRanks’ Stock Analysis page.

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