BWG Homes develops, sells and constructs residential homes in the Nordic region
The brands owned by the group are Block Watne and Hetlandhus in Norway, Myresjöhus and SmålandsVillan in Sweden.
BWG Homes sells and constructs homes through own residential projects and for individual customers. Ranked as a leading residential house builder in its markets, the group annually completes more than 2 000 new homes.
We build detached and terraced houses and low-rise apartment buildings. Our brands are well known, and our products and expertice have been developed over many years of experience.
BWG Homes has 850 employees. In 2008 the turnover was NOK 3.2 billion. BWG Homes ASA is listed at Oslo Børs with the ticker BWG.
Our long-term strategy
BWG Homes' long-term strategy is founded on four core-elements:
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We shall safeguard our position as a leading and profitable brand in our markets.
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Through our brands, we shall safeguard our position as the most recognised residential homes builder in our markets.
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We shall continously improve our business model by: building standardised and moderately priced homes in the outskirts of larger cities, continuing to streamline our building processes, controlled organic growth, with margins at a stable, high level.
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Dividends to our shareholders will be an area of particular focus. A dividend is proposed if in the Board's view it will not adversely impact the BWG Homes' future growth ambitions or capital structure.
