Magnolia Bostad (MAG) Q2 2026 earnings summary

Executive summary

• Completed 122 residential units in H1 2026, including 77 in Slagsta Strand stage 1; occupancy proceeding as planned.

• Divested Öresjö Ängar stage A (157 apartments), freeing up liquidity and increasing investment capacity.

• Engaged in advanced negotiations for new deals; some planned transactions delayed, impacting quarterly results.

• Strategic focus on forward funding, expanding into detached houses and residential care homes.

Financial highlights

• Net sales for H1 2026: SEK 309m (382m in H1 2025); Q2 2026: SEK 266m (344m in Q2 2025).

• Operating loss H1 2026: SEK 87m (-161m); Q2 2026: SEK 85m (-97m).

• Loss before and after tax H1 2026: SEK 186m (-284m); Q2 2026: SEK 136m (-150m).

• Cash and cash equivalents at period end: SEK 210m (202m at start of year).

Outlook and guidance

• Company well positioned for growth with a focus on transaction-driven strategy and efficient capital allocation.

• Ongoing negotiations expected to close, supporting future project pipeline.

• Estimated 824 residential units to be completed in the next 12 months.