)

Bonava (BONAV) investor relations material
Bonava Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Markets remain stable despite global turbulence, supported by lower base rates, higher disposable income, and pent-up housing demand.
Profitability improved with higher margins, cost savings, and project mix, despite lower net sales year-over-year.
Increased customer interest and a growing pipeline, especially in the investor (B2B) segment.
Production starts and sales volumes increased, supporting controlled growth and future revenue.
Germany remains the largest and most profitable segment, with significant land acquisition for future growth.
Financial highlights
Operating EBIT margin improved to 4.3% in Q2, up from 2.9% year-over-year.
Net sales for Q2 2025 reached SEK 2,281M, up from SEK 1,839M in Q2 2024; Jan–Jun 2025 net sales SEK 3,447M (3,931), down 12% year-over-year.
Net profit/loss for Q2 2025 was -SEK 14M, a significant improvement from -SEK 109M in Q2 2024.
Operating cash flow positive at SEK 34M for Q2 2025; net debt reduced to SEK 3,079M (3,823).
Inventory of completed unsold units reduced by 41 in the period, with 101 units older than three months cleared.
Outlook and guidance
Guidance reiterated: operating EBIT margin of 5–6% for 2025 and at least 10% for 2026.
Controlled growth expected to drive net sales and margin improvement in H2 2025.
Not expecting to reach 3,500–4,000 annual production starts in 2025, but targeting this range in 2026.
Higher business volume anticipated in H2 2025, supported by increased production starts.
Focus remains on profitability and financial strength.
Next Bonava earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage