Interim Report January-September 2020
15 Oct 2020, 07:30
“Activity on the market increased in the third quarter. It’s great to see that sales of new build apartments are going so well in our tenant-owned dwelling projects,” says Annica Ånäs, CEO of Atrium Ljungberg.
- Net sales increased to SEK 2,166 million (SEK 2,073 m), of which rental income amounted to SEK 1,789 million (SEK 1,933 m).
- The letting rate was 92 per cent (92%), including project properties.
- Net letting for the period amounted to SEK -2 million (SEK -75 m), of which SEK 17 million (SEK -42 m) referred to project properties.
- The operating surplus from property management amounted to SEK 1,205 million (SEK 1,339 m). The surplus ratio amounted to 67 per cent (69%).
- The profit before changes in value amounted to SEK 842 million (SEK 945 m).
- The unrealised changes in the value of investment properties amounted to SEK-742 million (SEK 1,597 m).
For the third quarter the corresponding number was SEK 467 million (SEK 283 m).
Unrealised changes in the value of derivatives amounted to SEK -285 million (SEK -554 m). - The net profit for the period totalled to SEK 177 million (SEK 1,762 m), corresponding to SEK 1.37 per share (SEK 13.55 per share).
- Investments in Atrium Ljungberg’s held properties increased to SEK 1,809 million
(SEK 1,217 m). - Property acquisitions amounted to SEK 266 million (SEK 1,166 m).
- Sales of properties increased to SEK 3,979 million (SEK 1,031 m).
- Temporary rebates related to Covid-19 amounted to SEK 39 million net, which includes SEK 1 million for the third quarter.
Nacka 15/10/2020
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) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 15-10-2020 07:30 CET.
Interim Report Jan-Sep 2020
Press release Interim Report Jan-Sep 2020
