Atrium Ljungberg AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 14, 2022 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, 2022. For the third quarter, the company reported sales was SEK 661 million compared to SEK 555 million a year ago. Revenue was SEK 1,040 million compared to SEK 643 million a year ago. Net income was SEK 432 million compared to SEK 627 million a year ago. Basic earnings per share from continuing operations was SEK 3.42 compared to SEK 4.96 a year ago.
For the nine months, sales was SEK 1,879 million compared to SEK 1,692 million a year ago. Revenue was SEK 2,362 million compared to SEK 2,389 million a year ago. Net income was SEK 5,305 million compared to SEK 2,318 million a year ago. Basic earnings per share from continuing operations was SEK 42.02 compared to SEK 18.28 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 
