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Monday, 2 October 2017

Solon Eiendom ASA : Sales in Q3 2017

Solon Eiendom ASA    

Published: 08:30 CEST 02-10-2017 /GlobeNewswire /Source: Solon Eiendom ASA / : SOLON /ISIN: NO0003106700

Solon Eiendom ASA : Sales in Q3 2017

Oslo, October 2, 2017 - Solon Eiendom sold 23 homes with a total sales value of NOK 185 million during the third quarter of 2017 compared to 38 homes with a total sales value of NOK 230 million in the third quarter of 2016. YTD 2017 Solon Eiendom has sold 149 homes with a total sales value of NOK 1 277 million compared to 111 homes with a total sales value of NOK 652 million in the same period last year.


In Q3 2017, 46 homes were completed of which 45 were delivered to buyer.


The company had 305 units under construction at September 30, 2017.



For further information, please contact:

Andreas Martinussen, Chief Executive Officer, Solon Eiendom ASA

Tel:     +47 400 00 405, email:    am@soloneiendom.no


Scott Danielsen, Chief Financial Officer, Solon Eiendom ASA

Tel:     +47 952 55 620, email:  sd@soloneiendom.no



This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Solon Eiendom ASA, Kronprinsesse Märthas Plass 1, Oslo N-0116, Norway
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