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Interim Report January-March 2021

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“We’re reporting a stable profit for the first quarter,” says Annica Ånäs, CEO of Atrium Ljungberg. “And it’s great to see that demand for our residentials remains strong.”

  • Net sales amounted to SEK 699 million (SEK 733 m), of which rental income amounted to SEK 572 million (SEK 648 m). Rental income in like-for-like portfolios excluding rebates related to Covid-19 decreased by 1.1 per cent.
  • The letting rate was 91 per cent (92%), including project properties.
  • Net letting amounted to SEK -10 million (SEK 9 m), of which SEK 7 million (SEK 20 m) referred to project properties.
  • The operating surplus from property management amounted to SEK 377 million
    (SEK 435 m). The surplus ratio amounted to 66 per cent (67%).
  • The profit before changes in value amounted to SEK 311 million (SEK 311 m).
  • The unrealised changes in the value of investment properties amounted to SEK 167 million (SEK -1,486 m). Unrealised changes in the value of derivatives amounted to SEK 210 million (SEK -236 m).
  • The net profit for the period totalled to SEK 552 million (SEK -1,134 m), corresponding to SEK 4.34 per share (SEK -8.74 per share).
  • Investments in Atrium Ljungberg’s own properties amounted to SEK 485 million (SEK 570 m).
  • Property acquisitions amounted to SEK 25 million (SEK - m).

Nacka 16/04/2021
Atrium Ljungberg AB (publ)

This disclosure contains information that Atrium Ljungberg AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 16-04-2021 07:30 CET.

For additional information, please contact:
Annica Ånäs, CEO, Atrium Ljungberg, Tel +46 (0) 703 41 53 37, annica.anas@al.se

Martin Lindqvist, CFO, Atrium Ljungberg Tel +46 (0) 709 27 60 09, martin.lindqvist@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 1.1 million m2 valued at SEK 48 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 38 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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