Year-End Report January – December 2020
2020 was a successful year for Magnolia Bostad. Despite the ongoing pandemic, we were able to deliver our best full-year results ever, expand the building rights portfolio and increase the number of production starts at the same time as we reduced net indebtedness. Through our locally-based business and project development organization and our more than 22,700 building rights, we see continued profitable growth in front of us in accordance with the new goals set by the Magnolia Bostad’s board.January – December 2020 · Net sales amounted to SEK 2,358 m (896). · The operating profit