Profits impacted by revaluations, cash flow not affected
Summary of July – September 2019 · Net sales for projects run entirely by SSM increased to 140.5 MSEK (47.3). · A review of SSM’s operations and current market situation was carried out during the quarter. Based on the review, SSM intends to focus on rental projects and selected cooperative apartment projects in the near future. · The review confirms SSM’s strong core, but also led to the revaluation of several projects and participations in and receivables from joint ventures corresponding to -312.7 MSEK. · Excluding revaluations and other non-recurring items, the operating