Half-year report January – June 2024
- Regulatory information- Rental income increased 7 per cent to SEK 2,561 million (2,386).
- Profit from property management increased 4 per cent to SEK 1,240 million (1,187).
- Operating cash flow increased 7 per cent to SEK 1,251 million (1,166).
- Changes in the value of properties amounted to SEK -334 million (-2,954).
- Changes in the value of financial instruments amounted to SEK -96 million (-76).
- Profit after tax for the period amounted to SEK 670 million (-1,517).
- The market value of the properties amounted to SEK 84,126 million (85,071).
- During the period, SEK 1,625 million (1,398) was invested in the existing property portfolio.
- During the period, 2 properties (5) were acquired for SEK 221 million (134) and 3 properties (1) were divested for SEK 359 million (18).
“Hemsö stands firm. During the first half of the year, rental income and profit from property management increased. The growth is driven by a stable occupancy rate, completed projects, and indexation. In Sweden, Finland, and Germany there is a need of both refurbishing existing public properties and creating new social infrastructure. Many municipalities find it difficult to solve the task on their own. I see that Hemsö can be of great benefit as a partner to those municipalities that want external help”, says Nils Styf, CEO, Hemsö.
This information is information that Hemsö Fastighets AB 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 10:30 CET on 12 July 2024.
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