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Selvaag Bolig ASA (SBOO.OL)

SBOO.OL on Oslo Stock Exchange

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Wed, May 23 2018

UPDATE 1-Selvaag Bolig CEO says pressure returning to Oslo region's housing market

* Q1 IFRS operating revenue NOK 381 million ($46.93 million) versus NOK 456 million year ago

Clear signs of recovery in Norway's new homes sales -Selvaag CEO

** "There are clear signs of improvement in the Norwegian market for new homes," Chief Executive Officer Baard Schumann at Norwegian home builder Selvaag Bolig told Reuters on the sidelines of a housing conference on Tuesday

BRIEF-Selvaag Bolig Q1 home sales down y/y, outlook improves

* ‍SOLD 216 HOMES WITH A COMBINED VALUE OF NOK 788 MILLION IN Q1 2018​

BRIEF-Selvaag Bolig Q4 Adjusted.EBITDA at NOK 242.5 Million

* TOTAL DIVIDEND FOR YEAR 2017 WILL BE NOK 3.00 PER SHARE (NOK 1.60)

BRIEF-Selvaag Bolig Sold homes for Total Value Of NOK 696 mln During Q4 2017

* SOLD 182 HOMES WITH A TOTAL VALUE OF NOK 696 MILLION DURING Q4 OF 2017

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