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Magnolia Bostad AB (MAGNO.ST)

MAGNO.ST on Stockholm Stock Exchange

53.25SEK
5:23am EST
Change (% chg)

-2.75kr (-4.91%)
Prev Close
56.00kr
Open
54.75kr
Day's High
54.75kr
Day's Low
51.50kr
Volume
34,261
Avg. Vol
38,635
52-wk High
101.00kr
52-wk Low
51.50kr

Latest Key Developments (Source: Significant Developments)

Magnolia Bostad applies for listing on Nasdaq Stockholm in 2018
Wednesday, 6 Dec 2017 08:00am EST 

Dec 6 (Reuters) - Magnolia Bostad AB ::MAGNOLIA BOSTAD APPLIES FOR LISTING ON NASDAQ STOCKHOLM IN 2018.INTENTION TO APPLY FOR LISTING OF CO'S SHARE ON NASDAQ STOCKHOLM'S MAIN LIST IN 2017 MOVED TO 2018​.  Full Article

Magnolia Bostad gets four land allotments in Stockholm
Friday, 10 Nov 2017 01:30am EST 

Nov 10 (Reuters) - MAGNOLIA BOSTAD AB ::MAGNOLIA BOSTAD IS AWARDED FOUR LAND ALLOTMENTS IN STOCKHOLM COMPRISING A TOTAL OF 355 APARTMENTS.  Full Article

Magnolia Q3 operating profit at SEK 7 million
Friday, 27 Oct 2017 01:45am EDT 

Oct 27 (Reuters) - MAGNOLIA BOSTAD AB ::Q3 NET SALES SEK ‍193​ MILLION VERSUS SEK 242 MILLION YEAR AGO.Q3 OPERATING PROFIT SEK ‍7​ MILLION VERSUS SEK 99 MILLION YEAR AGO.SAYS ‍FULL YEAR OF 2017 IS EXPECTED TO SHOW CONTINUED GROWTH AND IMPROVED EARNINGS.​.  Full Article

Magnolia Bostad signs framework agreement for production of c. 2,000 apartments
Friday, 6 Oct 2017 01:30am EDT 

Oct 6 (Reuters) - MAGNOLIA BOSTAD AB :MAGNOLIA BOSTAD SIGNS STRATEGIC FRAMEWORK AGREEMENT FOR PRODUCTION OF APPROXIMATELY 2,000 APARTMENTS.‍MAGNOLIA BOSTAD AND CONSTO AB HAVE SIGNED A STRATEGIC FRAMEWORK AGREEMENT WITH A CONTRACT VALUE OF ABOUT SEK 2 BILLION​.  Full Article

Magnolia Bostad sells apartments in Nynäshamn for about SEK 950 mln
Friday, 29 Sep 2017 02:00am EDT 

Sept 29 (Reuters) - MAGNOLIA BOSTAD AB :MAGNOLIA BOSTAD SELLS 460 APARTMENTS IN NYNÄSHAMN.‍TOTAL PROPERTY VALUE ON COMPLETION IS ESTIMATED AT APPROXIMATELY SEK 950 MILLION.​.  Full Article

Magnolia Bostad Q2 operating profit grows to SEK ‍126​ mln
Wednesday, 19 Jul 2017 02:00am EDT 

July 19 (Reuters) - MAGNOLIA BOSTAD AB ::Q2 NET SALES SEK ‍790​ MILLION VERSUS SEK 434 MILLION YEAR AGO.Q2 OPERATING PROFIT SEK ‍126​ MILLION VERSUS SEK 116 MILLION YEAR AGO.  Full Article

Magnolia Bostad buys property in Nynäshamn, Sweden
Friday, 30 Jun 2017 10:15am EDT 

June 30 (Reuters) - MAGNOLIA BOSTAD AB :SIGNS AGREEMENT TO ACQUIRE A PROPERTY IN NYNÄSHAMN.PLANS TO DEVELOP APPROXIMATELY 450 RESIDENTIAL UNITS IN THE AREA.SELLER IS A PRIVATE PROPERTY OWNER, ACCESS WILL TAKE PLACE IN FALL OF 2017.ESTIMATED PRODUCTION START IS IN 2017.  Full Article

Magnolia Bostad sells another 325 apartments in central Uppsala
Wednesday, 28 Jun 2017 01:00am EDT 

June 28 (Reuters) - MAGNOLIA BOSTAD AB :MAGNOLIA BOSTAD SELLS ANOTHER 325 APARTMENTS IN CENTRAL UPPSALA, THE FIRST PROJECT IN THE FRAMEWORK AGREEMENT WITH SLÄTTÖ.‍BUYER IS SLÄTTÖ AND SALE IS MADE THROUGH COMPANY TRANSFERS.​.TOTAL REAL ESTATE VALUE ON COMPLETION IS ESTIMATED AT APPROXIMATELY SEK 675 MILLION.NCC IS SIGNED AS CONTRACTOR AND CONSTRUCTION START IS PLANNED FOR Q3 OF 2018.  Full Article

Magnolia Bostad AB sells 325 apartments in Uppsala city centre
Tuesday, 27 Jun 2017 12:30am EDT 

June 27 (Reuters) - Magnolia Bostad AB ::Says Magnolia Bostad sells 325 apartments in Uppsala city centre.Property value at completion is estimated to approximately SEK 800 million.NCC is signed as contractor and construction start is planned for Q3 of 2018.  Full Article

Magnolia Bostad signs agreement to acquire Svenska Vårdfastigheter
Thursday, 15 Jun 2017 08:05am EDT 

June 15 (Reuters) - MAGNOLIA BOSTAD AB ::MAGNOLIA BOSTAD SIGNS AGREEMENT TO ACQUIRE SVENSKA VÅRDFASTIGHETER AB.SIGNED AN AGREEMENT FOR ACQUISITION OF ALL SHARES IN SVENSKA VÅRDFASTIGHETER AT A PURCHASE PRICE OF SEK 300 MILLION..‍THROUGH ACQUISITION, MAGNOLIA BOSTAD WILL BE MORE CLEARLY ESTABLISHED IN DEVELOPMENT OF RESIDENTIAL CARE HOUSING WHILE ALSO EXPANDING ITS OFFER TO MUNICIPALITIES AND INVESTORS​.ACCESS IS ESTIMATED TO OCCUR IN JULY 2017 AND AGREEMENT IS CONDITIONAL ON SVENSKA VÅRDFASTIGHETER AB'S MAIN LENDERS BEING POSITIVE ABOUT OWNERSHIP CHANGE.‍PURCHASE PRICE FINANCED BY EQUITY AND BORROWED CAPITAL​.  Full Article