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Operating profit amounted to SEK 3.2 million in the first half of 2018. It compares with SEK 45.7 million in the same period last year.
The after-tax profit was a loss of SEK 7.0 million a profit of SEK 40.2 million in the first half of 2017.
The number of houses sold on the basis of restrictive contracts is the largest in the world. rose to 18 in the first half of this year, compared with 227 in the same period last year. The number of dwellings put into production is 0 against 268. The number of dwellings in current production is 493, against 674.
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The agreement of sale of apartments was subscribed for a value of 62 million kronor, Compared to SEK 1,064 million in the first half of last year
"Our operating profit for the second quarter ended 0.7 SEK million – a result reflecting a deterioration in the market situation In conjunction with the rights issue in June, we adjusted our guidance for 2018 due to market conditions and assumptions on which detailed plans are gaining of the legal force are factors beyond our control and have a major impact on the operating result.We now estimate that the operating profit for the 2018 financial year will rise to around 7%. 5-125 million, "writes Erik Karlin in his comment from the CEO to the report.
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