Interim report January – March 2025
- Rental income remained unchanged and amounted to SEK 1,283 million (1,283).
- Profit from property management increased 6 per cent to SEK 628 million (590).
- Operating cash flow increased 6 per cent to SEK 674 million (634).
- Changes in the value of properties amounted to SEK -207 million (-190).
- Changes in the value of financial instruments amounted to SEK 86 million (21).
- Profit after tax for the period amounted to SEK 447 million (367).
- The market value of the properties amounted to SEK 84,655 million (84,236).
- During the period, SEK 723 million (828) was invested in the existing property portfolio.
- During the period, 1 property (2) were acquired for SEK 17 million (206) and 4 properties (3) were divested for SEK 175 million (359).
“Hemsö has had a good start to the new year, both financially and operationally, through several new partnerships with municipalities in Sweden and Finland regarding new project investments. Profit from property management and operating cash flow have increased by 6 per cent. The need for social infrastructure is significant. We look forward to further developing our partnership with the public sector”, says Nils Styf, CEO of Hemsö.
For more information, please contact:
Nils Styf, CEO +46 8-501 170 00
Rutger Källén, CFO and Deputy CEO +46 8-501 170 35
Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 84.7 billion. Hemsö has had a credit rating of A- from Standard & Poor’s since March 2015, AA- from Fitch Ratings since March 2024 and A3 from Moody's since February 2025. More information can be found at: www.hemso.se.