K2A publishes annual report for 2022
K2A Knaust & Andersson Fastigheter today publishes its annual report for 2022. The annual report is available on the company's website: www.k2a.se.
“For a long-term player like K2A, 2022 meant a shift in focus from growth to financial stability. At the same time, it was our best year ever in purely operational terms,” says Johan Knaust, CEO of K2A.
In 2022, K2A postponed the majority of the construction starts planned for 2022 and 2023 as a result of the significant global uncertainty. Net operating income amounted to SEK 243 million, an increase of 32 percent on the previous year. K2A's financial target for the period 2019-2025 means increasing the operating surplus by at least 25 per cent on average per year. The average increase for the period 2019 to 2022 is 35 per cent.
An English translation of the annual report will be published on the company’s website as soon as it is available.
The information is such that K2A Knaust & Andersson Fastigheter AB is obliged to make public pursuant to the Securities Market Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 3 April 2023.
For further information:
Johan Knaust, CEO, +46 707 40 04 50, johan.knaust@k2a.se
Christian Lindberg, Deputy CEO, +46 707 23 39 48, christian.lindberg@k2a.se
Ola Persson, CFO, +46 708 32 99 93, ola.persson@k2a.se
K2A Knaust & Andersson Fastigheter AB – the green real estate company – provides long-term management of rental apartments for all types of housing and community services properties. The company's markets are in Stockholm, the Mälardalen region and a number of university towns elsewhere in Sweden. See also www.k2a.se. K2A's B shares (K2A B) and preference shares (K2A PREF) are listed on Nasdaq Stockholm.
