SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Magnolia Bostad Reports Q3 Profit, Sells Project to Hines

Magnolia Bostad reported Q3 operating profit of SEK 67M, versus -29M, and profit after tax of SEK 13M, versus -83M. It sold the 197-unit Konduktören project in Järfälla to Hines via forward funding.

Magnolia Bostad posted Q3 operating profit of SEK 67M, compared with -29M, and profit after tax of SEK 13M, versus -83M. The company sold the 197-unit Konduktören project in Järfälla to Hines through forward funding.