Pandox AB (publ) Correction of net operating income from Property Management on page 1 in the English version of year-end report 2018
On page 1, in the section labelled January-December 2018 in the second bullet point, net operating income Property Management is incorrect in the English version of the year-end report January-December 2018. Correcting net operating income Property Management to MSEK 2,517. A corrected version of the English version of the interim report is attached to this press release.
FOR MORE INFORMATION, PLEASE CONTACT:
Anders Berg, Head of Communications and IR, +46 (0) 760 95 19 40
The information was submitted for publication at 08:45 CEST on 14 February 2019.
Pandox is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio currently comprises 144 hotels with approximately 32,300 hotel rooms in 15 countries. Pandox’s business is organised into Property management, which comprises hotel properties leased on a long-term basis to market leading regional hotel operators and leading international hotel operators, and Operator activities, which comprises hotel operations executed by Pandox in its owner-occupied hotel properties. Pandox was founded in 1995 and the company’s B shares are listed on Nasdaq Stockholm. www.pandox.se