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RSS FeedsFoundation for growth with a balanced risk-taking
(WorldNews Sweden)

 
 

21 february 2020 02:07:15

 
Foundation for growth with a balanced risk-taking
(WorldNews Sweden)
 


Summary October - December 2019 Net sales for projects run entirely by SSM increased to 36.1 MSEK (58.2). Net operating profit was 1.0 MSEK (-33.6). 165 tenants moved into the West Side Solna co-op project. The result will be delayed somewhat since the project is being run as a JV, result for the quarter was impacted by 23.1 MSEK. Tenants will continue moving in during 2020. Cash flow from operating activities totaled 33.5 MSEK (-2.8). Sale of Bromma Boardwalk project to Niam had a 27.1 MSEK impact on cash flow. Land allocation for 150 co-op units in Sjöstadshöjden, Hammarby (Stockholm). Bromma Square project divested to existing joint venture partner, resulting in a decrease of 355 building...


 
72 viewsCategory: General > Europe > Sweden
 
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