SBB presents new targets
Ahead of Samhällsbyggnadsbolaget I Norden AB (publ)’s (”SBB”) Capital Markets Day, the company presents updated financial targets. The company’s new growth target is that the profit from property management per A and B ordinary share shall on average grow with more than 15 per cent per year over a five-year period. Furthermore, the property portfolio value shall amount to SEK 125bn by 2025. The company’s Board of Directors also has the intention to enable the redemption of the remaining outstanding preference shares during the autumn, with the purpose to clarify the share structure; meaning