Half-Year Report January – June 2020
There was still a lot of activity for Magnolia Bostad during Q2 2020, 2,062 residential units being sold, amounting to 3,246 residential units being sold in the first six months. We strengthened our building rights portfolio through acquisitions and it now amounts to 19,011 building rights. During the quarter, we adapted our working method to reduce the spread of infection by COVID-19, which did not significantly affect either the pace of work or the results of our operations.January – June 2020 · Net sales amounted to SEK 1,504 m (276). · The operating profit was SEK 437 m (185),