Karmen Bergholcs has been appointed General Counsel at Arise AB (publ). She will take up her position on the 15^th of January 2024 when she also joins Group Management. Most recently, Karmen Bergholcs held the position as General Counsel at Pandox AB (publ).

Halmstad 8 December 2023

ARISE AB (publ)

For further information, please contact:

Per-Erik Eriksson, CEO, Arise AB, +46 702 409 902

THIRD QUARTER (1 JULY – 30 SEPTEMBER 2023)

• Net sales for the quarter amounted to MSEK 96 (917).
• Operating profit before depreciation and amortisation (EBITDA) totalled MSEK 59 (713).
• Operating profit (EBIT) was MSEK 43 (697).
• Profit after tax totalled MSEK 35 (705) and earnings per share was SEK 0.84 (15.86).
• Operating cash flow was MSEK -47 (792) and cash flow after investments amounted to MSEK -231 (659).
• Production generated 60 GWh (52) of green electricity with an average income of SEK 718 per MWh (496).
• Arise held its Capital Markets Day in September 2023 and presented new financial targets with a focus on profitable growth.
• The earnout payment for project Skaftåsen of MEUR 6.4 was settled in September 2023, of which MEUR 2.5 was recognised during the quarter.
• The project portfolio increased by approximately 160 MW during the quarter.

FIRST NINE MONTHS (1 JANUARY – 30 SEPTEMBER 2023)

• Net sales for the period amounted to MSEK 313 (1,058).
• Operating profit before depreciation and amortisation (EBITDA) totalled MSEK 204 (799).
• Operating profit (EBIT) totalled MSEK 157 (753).
• Profit after tax totalled MSEK 123 (736) and earnings per share was SEK 2.86 (17.74).
• Operating cash flow was MSEK 43 (926) and cash flow after investments amounted to MSEK -439 (694).
• Production generated 201 GWh (213) of green electricity with an average income of SEK 874 per MWh (669).
• In January 2023, Arise signed an agreement with Persson Invest, one of Sweden’s largest private landowners. The agreement pertains to development rights for potential wind power projects on a large portion of Persson Invest’s land, for which the company sees good potential to realise new wind power. According to the assessment from the company, the potential amounts to approximately 500 MW.
• In March 2023, Arise signed an agreement to acquire approximately 51% of the Finnish company Pohjan Voima Oy. Pohjan Voima Oy has developed a well-diversified portfolio of onshore wind and solar projects across Finland, with a project portfolio that at the time of the signing was approximately 1,700 MW.
• The project portfolio increased by approximately 3,200 MW during the period.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

• The wind farm project Fasikan was divested in October 2023 to SCA. The total purchase price amounted to approximately MSEK 125, which also includes a variable portion that is dependent on how construction of the project progresses in relation to budget.
• Arise entered into a partnership agreement with SCA in October 2023 to cooperate in the development of wind power in six identified land areas. The estimated total potential amounts to approximately 1,000 MW and the projects will be included in Arise’s project portfolio as early-stage projects. Arise will have a 49% ownership in the projects once they reach ready-to-build status.
• Given the sale of Fasikan and the partnership agreement with SCA, the project portfolio amounts thereafter to approximately 6,800 MW.
• Arise announced in November 2023 that the Board of Directors has decided to utilise the authorisation granted by the Annual General Meeting in May 2023 to repurchase the company’s own shares up to a maximum amount of MSEK 100 until the date of the Annual General Meeting 2024.

Halmstad, 15 November 2023
Arise AB (publ)

For further information, please contact:
Per-Erik Eriksson, CEO Arise AB, +46 702 409 902
Markus Larsson, CFO Arise AB, +46 735 321 776

The full report (PDF)

Arise’s interim report 1 January – 30 September 2023 will be released on Wednesday 15 November, 2023 08.00 CET. At 11.00 on the same day a webcast and teleconference will be held, hosted by

Per-Erik Eriksson, CEO and Markus Larsson, CFO, who will present the report to the stock market and media. After the presentation those attending will be invited to ask questions.

If you wish to participate via webcast please use the link below. Via the webcast you are able to ask written questions.

Arise Q3 Report 2023 (financialhearings.com)

If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.

Call Access (financialhearings.com)

Halmstad 30 October, 2023

ARISE AB (publ)                                                                                           

For further information, please contact:

Per-Erik Eriksson, CEO Arise AB, +46 702 409 902

Markus Larsson, CFO Arise AB, +46 735 321 776

• Rental income increased by 13.3% to MSEK 643 (568).
• The operating surplus increased by 17.2% to MSEK 430 (367), giving a surplus ratio of 66.9 (64.7) %.
• Profit from property management decreased by 2.1% and amounted to MSEK 222 (227). The decrease is mainly due to an increased financial expense.
• Profit from project activities amounted to MSEK 22 (104).
• The market value of the properties amounted to MSEK 15,407 (14,972). CA Fastigheter does not market value the properties continuously during the year, increased value from year end 2022 refers to investments and exchange rate fluctuations.
• Profit after tax amounted to MSEK 189 (520). The decrease is mainly due to changes in the value of derivatives.

Significant events during July – September 2023:

– During the period, 63% of the company Classic Living CL AB, corporate identification number 5559091-1052, was acquired. The shares have been acquired from CA Investment AB, which is a wholly-owned subsidiary of CA Fastigheter AB’s parent company Claesson & Anderzén AB. The restructuring within the Group has been carried out in order to consolidate the real estate operations under CA Fastigheter AB’s ownership. Classic Living CL AB is a Swedish public limited company whose business consists of developing real estate on the Spanish Costa del Sol with a focus on Malaga and the surrounding area. The company’s Spanish parent company, Classic Living & Development SL, has offices in Malaga.

– The property Hevea 6 in Borås was completed during the period and the tenant Wikholm Form AB has moved into a warehouse of 14,726 sqm. The property is thus fully leased. In connection with completion, the property was environmentally certified and received the rating Miljöbyggnad Silver.

For further information, please contact:

Andreas von Hedenberg, CEO

+4673-965 58 19, andreas.von.hedenberg@cafastigheter.se

Caroline Menninge, CFO

+4670-534 25 86, caroline.menninge@cafastigheter.se