Hemnet publishes Annual and Sustainability Report 2021
Download the report:
Års- och hållbarhetsredovisning 2021 (Swedish)
Annual and sustainability report 2021
Hemnet Group AB (publ) (Hemnet) has today published its Annual and Sustainability Report for 2021 which is available on the company's corporate website hemnetgroup.se in Swedish and in English.
Highlights during the year include:
- Net sales increased 33.8 percent to SEK 728.1m (544.1)
- Adjusted EBITDA increased 75.7 percent to SEK 355.0m (202.1)
- Operating profit increased 102.6 percent to SEK 223.9m (110.5)
- Initial public offering (“IPO”) on Nasdaq Stockholm, Large Cap list on 27 April
- In line with the company’s dividend policy, the board of directors has proposed a dividend of SEK 0.55 (-) per share, corresponding to approximately one third of earnings per share, and has submitted a proposal to the annual general meeting for a mandatefor the board to resolve on repurchases of the company's shares up to ten percent of the outstanding shares, according to applicable law
- An updated and improved framework for the company's sustainability efforts which is presented in the Sustainability Report.
Cecilia Beck-Friis, CEO at Hemnet:
“2021 has been the busiest and most successful year in the company’s history. We have kept a high pace in development throughout the year with many important changes when it comes to products, packaging and pricing. On the back of strong customer demand from both consumers and business partners, we have exceeded our full-year financial growth target and increased our profitability to be in line with our financial profitability target. We are starting the new year with great confidence that we will keep this momentum as we continue to scale and develop our business.”
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For more information, please contact:
Press enquiries
Staffan Tell, Head of PR
M: +46 733 67 66 85
E: staffan.tell@hemnet.se
IR enquiries
Carl Johan Åkesson, CFO
M: +46 708 30 70 57
E: cj.akesson@hemnet.se
Nick Lundvall, IR Manager & Head of Corporate Development
M: +46 76 145 21 78
E: nick.lundvall@hemnet.se
This is information that Hemnet Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 15:00 CET on 25 March 2022.
About Hemnet
Hemnet operates the leading property platform in Sweden. The company emerged as an industry initiative in 1998 and has since transformed into a "win-win" value proposition for the housing market. By offering a unique combination of relevant products, insights and inspiration, Hemnet has built lasting relationships with buyers, sellers, and agents for more than 20 years. Hemnet shares a mutual passion for homes with its stakeholders and is driven by being an independent go-to-place for people to turn to for the various housing needs that arise through life. This is mirrored in the Company’s vision to be the key to your property journey, supplying products and services to improve efficiency, transparency and mobility on the housing market. Hemnet’s is listed on Nasdaq Stockholm (‘HEM’).
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