Strong core – focus on rental projects and cash flow in the coming years
SSM Holding AB (publ) intends to focus on developing rental units and selected cooperative apartment projects going forward. The company will also prioritize positive cash flow to create stability and reduce SSM’s net debt. The changes are the result of a comprehensive review conducted by the company.The review confirms SSM’s strong core, but it has also resulted in the revaluation of certain balance sheet items for a number of project properties and joint venture assets, leading to write-downs of -312.7 MSEK. The revaluations do not affect the company’s cash flow. Adjusted for revaluations