Interim Report January – June 2025
2025-07-04 07:30:00
During the second quarter, we continue to deliver an increased operating surplus in the comparable portfolio – a statement of strength in the current market situation. With a loan-to-value ratio of 42% and good access to financing, we stand on solid ground, which gives us the opportunity to realize our project portfolio at a continued high pace, says Annica Ånäs, CEO Atrium Ljungberg.
- Rental income amounted to SEK 1,461 million (SEK 1,508 m) – of which comparable portfolios increased by 2.1% (5.0).
- Net operating income amounted to SEK 1,043 million (SEK 1,089 m) – of which a comparable portfolio increased by 1.8% (6.9%).
- Net sales for project and construction work amounted to SEK 185 million (SEK 252 m), while gross profit/loss totalled SEK 3 million (SEK 2 m).
- Income from property management amounted to SEK 644 million (SEK 744 m), corresponding to SEK 1.02 per share (SEK 1.18 per share).
- Unrealized changes in the value of properties amounted to SEK 201 million (SEK -46 m), which included project returns of SEK 48 million (SEK 0 m). Unrealized changes in the value of derivates amounted to SEK -213 million (SEK 38 m) related to lower market interest rates.
- Net profit/loss for the period amounted to SEK 516 million (SEK 662 m), corresponding to SEK 0.82 per share (SEK 1.05 per share).
- Net lettings for the period amounted to SEK 14 million (SEK 69 m) of which the company terminated SEK 0 million (SEK -23 m), refers to paving the way for future projects.
- Investments for the period amounted to SEK 1,425 million (SEK 1,060 m) of which SEK 86 million (SEK 0 m) was for acquisitions, while property sales amounted to SEK 0 million (SEK 2,148 m).
- A 5:1 share split was completed during the second quarter. Comparative figures affected by the number of shares have been adjusted retroactively.
Nacka, 04/07/2025
Atrium Ljungberg AB (publ)