Residential Development
Residential Development provides homes in selected geographic markets in the Nordic region and Europe. Here you will find key figures, market drivers and trends.
Modern families want homes that are well-designed, responsibly produced, reasonably priced and in good locations. Residential Development teams up with the Construction business stream to efficiently provide homes that help make people's lives better and easier.
Key figures (2017)
| SEK M | 2017 | 2016 |
|---|---|---|
| Revenue | 13,237 | 13,264 |
| Operating income | 1,716 | 1,605 |
| Operating margin, % | 13.0 | 12.1 |
| Investments | -11,093 | -9,148 |
| Divestments | 11,773 | 7,517 |
| Operating cash flow from business operations* | 1,229 | -1,210 |
| Capital employed, SEK bn | 12.7 | 11.6 |
| Return on capital employed, %** | 15.4 | 17.1 |
| Number of employees | 482 | 434 |
* Before taxes, financing activities and dividends.
** A definition is provided in note 44 in 2017 Annual Report.
Revenue
share of Group, %*
*Before central and eliminations.
Operating income
share of Group, %*
*Before central and eliminations.
Homes started and sold
Homes under construction and unsold completed
| Residential Development, Revenue | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|
| (SEK M) | 9234 | 9558 | 12298 | 13264 | 13237 |
| Residential Development, Operating income | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|
| (SEK M) | 573 | 683 | 1174 | 1605 | 1716 |