English

Interim Report January – September 2022

Report this content

In challenging times, we need to be agile and adapt based on new conditions. In such times, it is gratifying that this quarter we continue to deliver a positive net letting, have a growth in earnings before changes in value of 33% and continued pace in the deal through two newly signed development agreements, says Annica Ånäs, CEO of Atrium Ljungberg.

  • Rental income amounted to SEK 1,879 million (SEK 1,692 m), with an increase in comparable portfolios of 3.9% (0.5%).
     
  • The operating surplus amounted to SEK 1,262 million (SEK 1,153 m), of which comparable portfolios increased by 1.0% (1.2%). 
     
  • Net sales for project and construction work amounted to SEK 484 million (SEK 697 m) while gross profit totalled SEK 30 million (SEK 114 m).
     
  • Profit before changes in value amounted to SEK 897 million (SEK 945 m), corresponding to SEK 7.10/share (SEK 7.45/share).
     
  • Unrealised changes in the value of properties amounted to SEK 4,138 million (SEK 1,592 m) which included project returns of SEK 1,412 million (SEK 767 m).
     
  • Profit for the period amounted to SEK 5,305 million (SEK 2,318 m), corresponding to SEK 42.02/share (SEK 18.28).
     
  • Net letting for the period amounted to SEK 124 million (SEK 12 m) of which the company itself terminated SEK -30 million (SEK -26 m) to pave the way for future projects.
     
  • Investment for the period amounted to SEK 5,370 million (SEK 1,596 m) of which SEK 3,729 million (SEK 25 m) was for acquisitions.
     
  • The net asset value amounted to SEK 280.08/share, which is an increase of 16%, adjusted for the dividend, compared with the start of the year.


Nacka, 14/010/2022
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 14 October 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 61 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 40 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

Tags:

Atrium Ljungberg AB

Subscribe

Documents & Links