Selvaag Bolig ASA reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NOK 419.39 million compared to NOK 890.73 million a year ago. Revenue was NOK 436.85 million compared to NOK 905.39 million a year ago. Net income was NOK 19.6 million compared to NOK 79.07 million a year ago. Basic earnings per share from continuing operations was NOK 0.21 compared to NOK 0.85 a year ago.
For the nine months, sales was NOK 1,956.65 million compared to NOK 2,181.38 million a year ago. Revenue was NOK 2,007.95 million compared to NOK 2,227.55 million a year ago. Net income was NOK 136.32 million compared to NOK 293.44 million a year ago. Basic earnings per share from continuing operations was NOK 1.46 compared to NOK 3.15 a year ago.