Interim report January – June 2016
– During the second quarter of the year, the project portfolio experienced a high rate of growth, says Fredrik Lidjan, CEO of Magnolia Bostad. We grew by around 1,500 apartments since the end of the first quarter of 2016 and now have more than 9,000 planned apartments in the portfolio, which constitutes an increase of almost 60 percent over a 12-month period. Through the acquisitions we made during the quarter, we also established ourselves in two new cities, Södertälje and Åkersberga.The second quarter, April – June: · Operating profit/loss: SEK 115.4 million (53.8) · Profit/loss