Atrium Ljungberg AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 12, 2023 at 01:30 am EDT
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Atrium Ljungberg AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SEK 726 million compared to SEK 990 million a year ago. Net income was SEK 36 million compared to SEK 432 million a year ago. Basic earnings per share from continuing operations was SEK 0.29 compared to SEK 3.42 a year ago.
For the nine months, sales was SEK 2,311 million compared to SEK 2,208 million a year ago. Net loss was SEK 404 million compared to net income of SEK 5,305 million a year ago. Basic loss per share from continuing operations was SEK 3.2 compared to basic earnings per share from continuing operations of SEK 42.02 a year ago.
Atrium Ljungberg AB, formerly LjungbergGruppen AB, is a Sweden-based company that is active within the real estate sector. The Company is engaged in the ownership, development and management of real estate property, principally in Stockholm, Malmo and Uppsala in Sweden. The Company also owns properties in Ostersund, Vasteras and Halmstad. Its property portfolio is comprised of office and retail properties, as well as residential real estate. The Company is also operational through a number of wholly owned subsidiaries, comprising TL Bygg AB, Impluvium Tio AB, Fastighets AB Blastern, Arstalunden AB, PUB AB, Suhob Fastighets AB, LjungbergGruppen Holding AB, Fastighets AB Celtica and Atrium Fastigheter AB. In addition, the Company holds stake in Sickla Industrifastigheter KB and has a number of indirectly owned subsidiaries. In February 2014, the Company acquired property Nacka Sicklaon 83:33 from Lansforsakringar Liv's subsidiary.
ATRIUM LJUNGBERG AB 
