Interim report 1 January – 30 June 2023

SECOND QUARTER (1 APRIL – 30 JUNE 2023)

  • Net sales for the quarter amounted to MSEK 110 (53).
  • Operating profit before depreciation and amortisation (EBITDA) totalled MSEK 69 (25).
  • Operating profit (EBIT) was MSEK 53 (10).
  • Profit/loss after tax totalled MSEK 36 (-6) and earnings per share to SEK 0.85 (-0.13).
  • Operating cash flow was MSEK 60 (67) and cash flow after investments amounted to MSEK -167 (-12).
  • Production generated 54 GWh (61) of green electricity with an average income of SEK 947 (675)/MWh.
  • Arise completed the previously announced acquisition of approximately 51% of the shares in Pohjan Voima Oy.
  • The project portfolio increased by approximately 200 GW. 

FIRST HALF OF THE YEAR (1 JANUARY – 30 JUNE 2023)

  • Net sales for the period amounted to MSEK 217 (141).
  • Operating profit before depreciation and amortisation (EBITDA) totalled MSEK 145 (86).
  • Operating profit (EBIT) totalled MSEK 114 (56).
  • Profit after tax totalled MSEK 88 (31) and earnings per share to SEK 2.01 (0.76).
  • Operating cash flow was MSEK 90 (134) and cash flow after investments amounted to MSEK -208 (35).
  • Production generated 141 GWh (161) of green electricity with an average income of SEK 940 (725)/MWh.
  • 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 1.7 GW.
  • The project portfolio increased by approximately 2,600 MW.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • No significant events have taken place after the end of the reporting period.

 

Halmstad, 18 July 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

 

 

Interim report CA Fastigheter AB (publ) January-June 2023

 

  • Rental income increased by 10.5% to MSEK 417 (377).
  • The operating surplus increased by 13.9% to MSEK 269 (236), giving a surplus ratio of 64.4 (62.5) %.
  • Profit from property management increased by 22.5% and amounted to MSEK 147 (120). The increase is mainly due to an increased operating surplus.
  • Profit from project activities amounted to MSEK 22 (91).
  • The market value of the properties amounted to MSEK 15,407 (14,837). CA Fastigheter does not marketvalue 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 130 (390). The decrease is mainly due to changes in the value of derivatives.

 

Significant events during the year:

-In June, the third phase of the major refurbishment of the property Växjö 6:69 was completed. This stage included 96 apartments. A decision has also been made to start the fourth phase, which includes an additional 102 apartments. After completion of the fourth phase, 409 out of a total of 613 apartments have been renovated. These projects are a significant investment in our long-term work to develop the investment properties and the tenant offering.

– During the quarter, the properties Professorn 8 in Malmö were environmentally certified according to Miljöbyggnad iDrift and Maskinhuset 1 in Stockholm as Miljöbyggnad. Both properties have received a silver rating.

-CA Fastigheter affirmed its BBB- long-term issuer rating. The outlook is stable. The rating report was published in April.

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

Power production second quarter 2023 amounted to 53.9 GWh

Weaker wind conditions than normal during the second quarter of the year resulted in a power production of 53.9 GWh, compared to the quarter’s budget of 72.1 GWh.

Halmstad, 7 July 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

Invitation to webcast and teleconference in connection with Arise’s interim report 1 January-30 June 2023

Arise’s interim report 1 January – 30 June 2023 will be released on Tuesday 18 July, 2023 08.00 CEST.

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 Q2 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 29 June, 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

Save the date: Arise’s Capital Markets Day on 12 September 2023

Arise invites investors, analysts and media to the Company’s Capital Markets Day on 12 September 2023 at Berns in Stockholm.

The Capital Markets Day will include updates on Arise’s operations, strategies and targets. The agenda will include presentations from CEO Per-Erik Eriksson and members of Group Management.

More information and link for registration will be announced in due course.

Halmstad 21 June, 2023

ARISE AB (publ)                                                                                                

For further information, please contact:

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