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Year-end report 1 Jan-31 Dec 2019

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1 October – 31 December

  • Consolidated net sales amounted to 4 673 TSEK (7 772)
  • Net operating income amounted to 823 TSEK (571)
  • Operating profit amounted to 9288 TSEK (-19 724)
  • Net profit for the quarter amounted to -7 808 TSEK (-27 399)
  • Earnings per share before and after dilution effects amounted to -15,62 SEK (-54,8)

1 January – 31 December 2019

  • Consolidated net sales amounted to 20 197 TSEK (37 406)
  • Net operating income amounted to 2 333 TSEK (8 217)
  • Operating profit amounted to -6 999 TSEK (-35 788)
  • Net profit for the period amounted to -51 182 TSEK (-59 570)
  • Earnings per share before and after dilution effects amounted to -102,36 SEK (-119,14)
  • Cash and cash equivalents on December 31 2019 amounted 106 012 TSEK (71 976)

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

Significant events after the periods end
No significant events have occurred after the end of 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 and the Securities Market Act. The information was submitted for through the agency of the contact person, on 27 February 2020 at 12.00 pm CET.

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

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