SSM’s Annual and Sustainability Report for 2017 has been published on the Group’s website.
SSM’s Annual Report and Sustainability Report 2017, which describes SSM’s operations, strategy and financial performance, is available at www.ssmlivinggroup.com.
Based on our niche market position in smart and affordable housing, we continued to strengthen the company’s competitiveness during the year, both in terms of building rights, our offering and new projects as well as our financial capacity. This makes us well equipped for both short-term challenges and the long-term benefits we can derive from the good underlying demand in the market, says Mattias Roos, President & CEO of SSM.
The English translation of the report will be published on April 30, 2018. Print copies of the report in Swedish and English can be ordered from email@example.com
SSM’s Annual Report 2017 contains adjusted information on net sales in joint ventures that differs from previously published information in SSM’s Year-end Report and Q3 Interim Report 2017
A correction of the outcome figures for net sales in joint ventures has been made in SSM’s Year-end Report 2017 and Q3 Interim Report 2017. The correction has not had an impact on results in current joint ventures and therefore does not affect reported earnings or equity in the SSM Group. The change has resulted in the fact that the key ratio net sales has been adjusted in SSM’s Q3 Interim Report and the Year-end Report 2017. In the Q3 Interim Report, net sales and costs for production and management have also been adjusted in Note 6. The corrected Q3 Interim Report 2017, Year-end Report 2017 and reconciliation of alternative key ratios are available at www.ssmlivinggroup.com.
The information in this press release is such, which SSM Holding AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 17.15 CET on April 24, 2018.
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Chief Communications & IR Officer
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About SSM Holding AB (publ)
SSM produces smart and affordable homes with attractive common areas, close to public transport and the city center for the company’s target group — the urbanites of tomorrow. The company envisions a housing market that is accessible to as many people as possible and aspires to produce 60 percent cooperative apartments, 30 percent rental units and 10 percent student housing. SSM is the leading property developer in its niche within the Greater Stockholm area and in March 2018, the company has approximately 7,000 building permits in its portfolio. SSM was listed on Nasdaq Stockholm (Mid-cap) April 6, 2017 www.ssmlivinggroup.se