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Year-End Report 2024

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During the past year, we delivered strong net letting and are continuing to start new construction projects – clear evidence of strength in the current market. This symbolizes our long-termism and unique urban development strategy and is proof of our ability to navigate during challenging times, says Annica Ånäs, CEO of Atrium Ljungberg.

  • Rental income amounted to SEK 2,988 million (SEK 2,821 m) – of which a comparable portfolio increased by 3.9% (9.9%).
     
  • Net operating income amounted to SEK 2,150 million (SEK 2,016 m) – of which a comparable portfolio increased by 4.3% (14.4%). 
     
  • Net sales for project and construction work amounted to SEK 528 million (SEK 412 m,) while gross profit totalled SEK 1 million (SEK 2 m).
     
  • Income from property management amounted to SEK 1,425 million (SEK 1,365 m), corresponding to SEK 11.30 per share (SEK 10.82 per share).
     
  • Unrealised changes in the value of properties totalled to SEK -272 million (SEK 1,658 m). Unrealised changes in the value of derivates amounted to SEK -194 million (SEK -907 m) related to lower market interest rates.
     
  • Profit for the year amounted to SEK 850 million (SEK -954 m), corresponding to SEK 6.74 per share (SEK -7.56/share).
     
  • Net lettings for the year amounted to SEK 109 million (SEK 53 m) of which the company terminated SEK -27 million (SEK -15 m) to pave the way for future projects.
     
  • Investment for the year amounted to SEK 2,692 million (SEK 2,155 m) of which SEK 411 million (SEK 4 m) was for acquisitions. Property sales amounted to SEK 2,148 million (SEK 1,826 m).
     
  • The Board of Directors proposed a dividend of SEK 3.60 per share (SEK 3.50 per share), to be distributed on two occasions, corresponding to a dividend share of the income of property management of 32% (32%).
     

Nacka, 31/01/2025
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 07:30 CET on 31 January 2025.

For additional information, please contact:
Annica Ånäs, CEO, Atrium Ljungberg, Tel + 46 (0) 703 41 53 37 annica.anas@al.se
Anna Jepson, CFO, Atrium Ljungberg, Tel + 46 (0) 725 65 85 23 anna.jepson@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 70 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 just over 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

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