Refined operations, increased focus on near-term profitability and growth in rental business
From Q4 2018 and according to Nasdaq’s recommendation, SSM has applied the completed contract method, with retroactive application, for reporting housing cooperative projects. Summary of April – June 2019 · Change of CEO, Mattias Lundgren, former CFO at NCC AB with many years’ experience in the housing and real estate industry appointed interim CEO on June 10, 2019. · Repurchase of outstanding SSM bonds for a nominal value of 31.0 MSEK, volume-based average price at 70.4 percent. · Net sales for projects run entirely by SSM totaled 20.4 MSEK (321.5). · Operating