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Interim Report January - March 2022

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– The first quarter has seen a lot of activity on many fronts, despite the unsettling situation in the world around us. We are continuing to see good progress being made in our project portfolio, while the high letting rate from the end of last year is continuing, says Annica Ånäs, CEO of Atrium Ljungberg.

  • Rental income amounted to SEK 600 million (SEK 572 m), with an increase in comparable portfolios of 2.6% (-1.8%).
     
  • The operating surplus amounted to SEK 391 million (SEK 377 m), of which comparable portfolios increased by 1.5 % (-3.7%). 
     
  • Net sales för project and construction work amounted to SEK 56 million (SEK 127 m) while gross profit totalled SEK -6 million (SEK 29 m).
     
  • Profit before changes in value amounted to SEK 281 million (SEK 311 m) corresponding to SEK 2.23/share (SEK 2.44/share).
     
  • Unrealised changes in value of properties amounted to SEK 1,309 million (SEK 167 m) which included project returns of SEK 602 million (SEK 0 m).
     
  • Profit for the period amounted to SEK 1,870 million (SEK 552 m), corresponding to SEK 14.81/share (SEK 4.34/share).
     
  • Net letting for the period amounted to SEK 44 million (SEK -10 m) of which the company itself terminated SEK -10 million (SEK -1 m) to pave the way for future projects.
     
  • Investment in held properties amounted to SEK 463 million (SEK 485 m).
     
  • The net asset value amounted to SEK 252.17/share, which is an increase of 4.7% adjusted for dividends paid, compared with the start of the year.  


Nacka, 13/04/2022
Atrium Ljungberg AB (publ)

This information is information that Atrium Ljungberg AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CET on 13 April 2022.

For additional information, please contact:

Annica Ånäs, CEO Atrium Ljungberg, tel. +46 (0) 703 41 53 37, annica.anas@al.se

Ulrika Danielsson, CFO Atrium Ljungberg, tel. +46 (0) 70-647 12 61, ulrika.danielsson@al.se

Atrium Ljungberg is one of Sweden’s biggest listed property companies. We own, develop and manage properties in growth markets in Stockholm, Gothenburg, Malmö and Uppsala. Our focus is on developing attractive urban environments for offices and retail, supplemented with residentials, culture, service and education. The total letting area is approximately 1 million m² valued at SEK 53 billion. Our areas include more than 30,000 workers and students as well as 1,000 residents. Our project portfolio will enable us to invest the equivalent of approximately SEK 39 billion in the future. Atrium Ljungberg is listed as ATRLJ-B.ST on the NASDAQ Stockholm Large Cap list. Find out more at www.al.se

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