Atrium Ljungberg AB: Year-end Report 2019
"2019 has been an intense year. We enter 2020 with a fantastic project portfolio and an organisation that is well equipped for a long-term investment rate of SEK 2 billion per year in our own development projects. We deliver a stable result fully in line with our strategic choices." says Annica Ånäs, CEO of Atrium Ljungberg.
- Net sales increased to SEK 2,811 million (SEK2,629 m), of which rental income increased to SEK 2,577 million (SEK 2,412 m). Rental income in like-for-like portfolios increased by 5.9 per cent.
- The letting rate was 93 per cent (95%), including project properties.
- Net letting amounted to SEK -82 million (SEK 144m), of which SEK -46 million (SEK 92m) reffered to project properties.
- The operating surplus from property management increased to SEK 1,733 million
- The profit before changes in value increased to SEK 1,234 million (SEK 1,214 m).
- The unrealised changes in the value of investment properties increased to SEK 2,283 million (SEK 2,516 m). Unrealised changes in the value of derivatives amounted to SEK -90 million (SEK -70 m).
- The net profit for the period totalled to SEK 2,807 million (SEK 3,453 m), corresponding to SEK 21.59 per share (SEK 26.15 per share).
- Investments in Atrium Ljungberg's own properties increased to SEK 1,810 million
- Property acquisitions amounted to SEK 1,174 million (SEK 1,727 m).
- Sales of properties amounted to SEK 1,031 million (SEK 2,662 m).
- The 2020 profit forecast before changes in value is SEK 1,200 million.
The profit after tax amounts to SEK 948 million, corresponding to SEK 7.29/share.
Nacka 7/02/2020
Atrium Ljungberg AB (publ)