Interim Report January – September 2024

We are delivering strong net lettings in the third quarter as well. We have completed several strategically important lettings, and thereby made two new investment decisions in Slakthusområdet. The lettings and project starts mark an important step in realizing our vision for the area, says Annica Ånäs, CEO Atrium Ljungberg.

• Rental income amounted to SEK 2,249 million (SEK 2,111 m) – of which a comparable portfolio increased by 4.3% (10.9%).
   
• Net operating income amounted to SEK 1,634 million (SEK 1,516 m) – of which a comparable portfolio increased by 5.3% (14.9%). 
   
• Net sales for project and construction work amounted to SEK 366 million (SEK 270 m), while gross profit/loss totalled SEK 2 million (SEK -1 m).
   
• Income from property management amounted to SEK 1,110 million (SEK 1,024 m), corresponding to SEK 8.80 per share (SEK 8.12 per share).
   
• Unrealised changes in the value of properties amounted to SEK 29 million (SEK -1,443 m). Unrealised changes in the value of derivatives amounted to SEK -477 million (SEK -57 m) related to lower market interest rates.
   
• Net profit/loss for the period amounted to SEK 614 million (SEK -404 m), corresponding to SEK 4.87 per share (SEK -3.20).
   
• Net lettings for the period amounted to SEK 118 million (SEK 70 m), of which the company terminated SEK -25 million (SEK -8 m), refers to paving the way for future projects.
   
• Investments for the period amounted to SEK 1,559 million (SEK 1,418 m) while property sales amounted to SEK 2,148 million (SEK 1,825 m).

Nacka, 11/10/2024
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. The information was submitted for publication, through the agency of the contact person set out above, at 7:30 a.m. CET on 11 October 2024.

For further information, please contact:
Annica Ånäs, CEO of Atrium Ljungberg, +46(0)70-341 53 37, annica.anas@al.se

Atrium Ljungberg is one of Sweden’s biggest listed property companies. We own, develop and manage properties in growth markets in Stockholm, Uppsala, Gothenburg and Malmö. 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, distributed across around seventy properties and valued at SEK 58 billion. Our retail hubs draw almost 30 million visitors on an annual basis and 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