AB SAGAX - Rental revenue increased 21% to
SEK 885 M (SEK 731 M in the year-earlier period). -
Profit from property management increased 23% to
SEK 786 M (637). -
Profit from property management per Class A and B share after dilution rose 26% to
SEK 2.27 (1.80). -
In total, property revaluation affected profit by
SEK 864 M (1,381). -
Revaluation of financial instruments had an impact on profit of
SEK -233 M (226). -
Profit after tax for the period amounted to
SEK 1,581 M (2,157), corresponding toSEK 4.77 (6.59) per Class A and B share after dilution. -
Cash flow from operating activities before changes in working capital amounted to
SEK 670 M (414), corresponding toSEK 1.91 (1.10) per Class A and B share after dilution. -
Net investments amounted to
SEK 1,116 M (971), of which property acquisitions accounted forSEK 964 M (1,057).
UNCHANGED FORECAST FOR 2022
Profit from property management for 2022, meaning profit before revaluations and tax, based on the current property portfolio, announced acquisitions and divestments and current exchange rates, is expected to amount to
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https://news.cision.com/sagax/r/first-quarter-of-2022,c3565021
https://mb.cision.com/Main/414/3565021/1578098.pdf
https://mb.cision.com/Public/414/3565021/a32b46b0889f0844.pdf
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