Report for the period 1 January - 30 September 2018

1 July- 30 September

  • Consolidated net sales amounted to 7 888 TSEK (15 063)
  • Net operating income amounted to 276 TSEK (7 611)
  • Operating profit amounted to -1 617 TSEK (5 995)
  • Net profit for the period amounted to -8 404 TSEK (491)
  • Earnings per share before and after dilution effects amounted to -16,81 SEK (0,98)

1 January - 30 September

  • Consolidated net sales amounted to 29 634 TSEK (47 183)
  • Net operating income amounted to 7 646 TSEK (20 830)
  • Operating profit amounted to -16 063 TSEK (14 101)
  • Net profit for the period amounted to -32 171 TSEK (80 477)
  • Earnings per share before and after dilution effects amounted to -64,34 SEK (301,79)
  • Cash and cash equivalents at the end of the period on September 30, 2018 were 51 472 TSEK

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

Significant events during the period
On 7 June 2018, Sollentuna Stinsen JV AB applied to take up the bonds for trading on the corporate bond list at Nasdaq Stockholm. Nasdaq Stockholm decided to raise the bonds for trading on the corporate bond list on June 8, 2018. An impairment loss of the property of TSEK -18 793 was made during the period.

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

For more information, please contact:
Rickard Langerfors, CEO, Sollentuna Stinsen JV AB
+46 70 239 35 35, rickard.langerfors@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. The information was submitted for publication, through the agency of the contact person above, on 19 November, 2018 at 07.00 a.m. CET.

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.

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