For the company, the development meant a drop in net sales in August to SEK 81.8 million, a decline of 23.8 percent compared with August last year, according to the report.
Hemnet explains the development by calendar effects and cautious home sellers. The temporary shift in revenue due to the new model for advertising payments that the company launched this spring - “Sell first, pay later” - also has an impact, Hemnet writes.
Hemnet's stock has fallen by 57 percent since the turn of the year.
