- Rental income increased by 8% and amounted to MSEK 451 (417).
- Net operating income increased by 14% to MSEK 305 (269), giving a surplus ratio of 67.7% (64.4%).
- Profit from property management increased by 6% and amounted to MSEK 160 (151), mainly since the increased operating surplus exceeds the increased financial costs.
- Profit from project activities amounted to MSEK 0 (22).
- The market value of the properties amounted to MSEK 14,572 (15,407 CA Fastigheter does not market value the properties continuously during the year, increased value from year end 2023 refers to investments and exchange rate fluctuations.
- Profit after tax amounted to MSEK 136 (130). The increase is mainly due to changes in the value of derivatives and shares.
Significant events during the period April – June 2024:
-During the period, Malin Claesson Stenström, who is part of the fourth generation of the owner family, has been appointed as the new CEO of CA Fastigheter.
-CA Fastigheter already has a credit rating according to BBB-, Stable. At the annual credit assessment, which was published in April, CA Fastigheter maintains it’s credit rating.
-During the period, the fourth phase of the major refurbishment of the property Växjö 6:69 was completed. This phase comprised 102 apartments. With the completion of the fourth phase, 409 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.
For further information, please contact:
Malin Claesson Stenström, VD
+4673-923 97 59, malin.claesson@cafastigheter.se
Caroline Menninge, CFO
+4670-534 25 86, caroline.menninge@cafastigheter.se