Year-End Report 2023 - Atrium Ljungberg

Year-End Report 2023

Our focus has been on building the sustainable city with a mix of offices, retail, residences, services and culture for a long time. By doing so we ensure the long-term attractiveness and relevance of the locations. This strategy is now proving its strength and we are well-prepared for 2024, says Annica Ånäs, CEO of Atrium Ljungberg.
  • Rental income amounted to SEK 2,821 million (SEK 2,550 m) – of which comparable portfolios increased by 9.9% (4.4%).
  • The operating surplus amounted to SEK 2,016 million (SEK 1,707 m) – of which comparable portfolios increased by 14.4% (1.7%). 
  • Net sales for project and construction work amounted to SEK 412 million (SEK 256 m) while gross profit totalled SEK 2 million (SEK -26 m).
  • Profit from property management amounted to SEK 1,365 million (SEK 1,127 m), corresponding to SEK 10.82 per share (SEK 8.93 per share).
  • Unrealised changes in the value of properties amounted to SEK -1,658 million (SEK 2,671 m) which included project returns of SEK 24 million (SEK 1,416 m).
  • Profit for the year amounted to SEK -954 million (SEK 4,288 m), corresponding to SEK -7.56 per share (SEK 33.97 per share).
  • Net letting for the year amounted to SEK 53 million (SEK 115 m) of which the company terminated SEK -15 million (SEK -69 m) to pave the way for future projects.
  • Investment for the year amounted to SEK 2,155 million (SEK 6,072 m) while property sales amounted to SEK 1,826 million (SEK 49 m). During the year, Parkhusen Block 2 in Gränbystaden, Uppsala, was completed, and as per 31 December SEK 35 million was recognised, corresponding to 65% of the apartments taken into possession.
  • In December the Board of Directors proposed a new dividend policy entailing that around 1/3 of the profit from property management will be distributed. The Board of Directors proposes a dividend of SEK 3.50 per share (SEK 5.30 per share), to be distributed on two occasions, corresponding to a dividend share of 32%.

Nacka, 31/01/2024
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 and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CET on 31 January 2024.

Year-End Report 2023
Press release