Brief: Hufvudstaden Q2 Operating Profit Swings To Loss SEK 684.0 Mln

Hufvudstaden AB

26/08/2020 10:37

Aug 26 (Reuters) - Hufvudstaden AB  HUFVa.ST :
    * HALF-YEAR REPORT JANUARY-JUNE 2020
    * Q2 NET REVENUE FROM PROPERTY MANAGEMENT SEK 403.8 MILLION
VERSUS
SEK 466.1 MILLION YEAR AGO
    * Q2 LOSS AFTER TAX SEK 583.0 MILLION VERSUS PROFIT SEK
981.7
MILLION YEAR AGO
    * HUFVUDSTADEN’S FINANCIAL POSITION IS STRONG AND CONDITIONS
ARE
GOOD FOR THE CONTINUED DEVELOPMENT OF OUR PROPERTIES AND
MARKETPLACES
    * Q2 OPERATING LOSS SEK 684.0 MILLION VERSUS PROFIT SEK
1,296.6
MILLION YEAR AGO
    * IN TOTAL, WE HAVE SIGNED MORE THAN 350 AGREEMENTS ON
TEMPORARY
RENT REDUCTIONS FOR THE SECOND QUARTER

Source text for Eikon:  ID:nWkr2TJHbm 
Further company coverage:  HUFVa.ST 

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