Half-Year report January – June 2019

1 April – 30 June

  • Consolidated net sales amounted to 6 279 TSEK (9 498)
  • Net operating income amounted to 1 666 TSEK (2 812)
  • Operating profit amounted to -10 441 TSEK (-17 899)
  • Net profit for the quarter amounted to -18 366 TSEK (-20 611)
  • Earnings per share before and after dilution effects amounted to -36,73 SEK (-41,22)

1 January– 30 June

  • Consolidated net sales amounted to 11 473 TSEK (21 747)
  • Net operating income amounted to -715 TSEK (7 370)
  • Operating profit amounted to -15 947 TSEK (-14 447)
  • Net profit for the period amounted to -31 675 TSEK (-23 767)
  • Earnings per share before and after dilution effects amounted to -63,35 SEK (-47,53)

Significant events during the quarter
No significant events have occurred during the quarter.

Significant events after the periods end
No significant events have occurred after the end of the reporting period.

For more information, please contact:
Thomas Persson, CEO, Sollentuna Stinsen JV AB

+46 8 470 50 80, thomas.persson@magnoliabostad.se

The information Sollentuna Stinsen JV AB publishes in this report is required in accordance with the EU Market Abuse Regulation (EU) No 596/2014 ang the Securities Market Act. The information was submitted for through the agency of the contact person, on 29 August 2019 at 12.00 p.m. CEST.

Sollentuna Stinsen JV AB (559085-9954) is a joint venture between Magnolia Projekt 36 AB and the pension company Alecta pensionsförsäkring, mutually, and was formed in 2016 to develop the property Sollentuna Stinsen 2.The company is located at Sturegatan 6, Stockholm.