Our intensive efforts to find new building rights in attractive areas produced results. We have expanded our building rights portfolio with approximately 1,400 assessed building rights in seven projects around the country. Our portfolio of building rights now contains about 25,300 potential building rights and I expect that before the end of the year we will be able to present our customers with a number of attractive projects. It is also satisfying that
January-June 2021
- Net sales amounted to
SEK 459 m (1,504). -
The operating loss was
SEK 27 m (+437). Changes in the value of investment properties contributed positively withSEK 42 m (-30). -
The net loss before tax for the period was
SEK 114 m (+351) and the loss after tax wasSEK 127 m (+366). -
Earnings per share after deductions for minority shares was
SEK -2.99 (8.91).
April-June 2021
- Net sales amounted to
SEK 52 m (1,058). -
The operating loss was
SEK 2 m (+348). Changes in the value of investment properties contributed positively withSEK 22 m (-25). -
The net loss before tax for the period was
SEK 46 m (+308) and the loss after tax wasSEK 55 m (+324). -
Earnings per share after deductions for minority shares was
SEK -1.28 (7.91).
Significant events April-June 2021
- Acquired land for developing around 1,300 residential units in seven projects located in Östersund, Sundsvall, Håbo, Nynäshamn, Ursvik and Tyresö in
Greater Stockholm and Kungsbacka in Greater Göteborg. - Received the Nasdaq Green Equity Designation, which gives a green labelling of the company's shares on Nasdaq's main list. The purpose is to provide an increased focus for investors looking for sustainable investments.
- Listed the company's second green bond on Nasdaq Stockholm's list for sustainable bonds.
-
Carried out voluntary early redemption of all outstanding bonds maturing in
October 2021 .
Significant events after the end of the quarter
- Acquired land in Håbo for development of about 100 residential units.
For more information, please contact:
johan.tengelin@magnoliabostad.se
fredrik.westin@magnoliabostad.se
+46 72 720 00 06
The information
https://news.cision.com/magnolia-bostad-ab/r/half-year-report-january-june-2021,c3381076
https://mb.cision.com/Main/12686/3381076/1441914.pdf
(c) 2021 Cision. All rights reserved., source