Interim report CA Fastigheter AB (publ) January-June 2024

  • 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

Invitation to webcast and teleconference in connection with Arise’s interim report 1 January-30 June 2024

Arise’s interim report 1 January – 30 June 2024 will be released on Wednesday 17 July, 2024 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 2024 (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 5 July, 2024

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

This information was submitted for publication, through the agency of the contact persons set out above, at 14.00 CEST on 5 July, 2024.

Pohjan Voima and Finsilva co-operate in the development of approx. 500 MW of new wind and solar power

Arise AB (publ) (”Arise”) has today, via its Finnish subsidiary Pohjan Voima, entered into a co-operation agreement with Finsilva, one of Finland’s largest landowners. The co-operation opens up opportunities for the development of new wind and solar projects, which may also include battery storage.

Three of Pohjan Voima’s current wind farm projects are located on land partially owned by Finsilva in Karstula, Keuruu and Parkano. In deepening their co-operation, Pohjan Voima and Finsilva have identified five new project areas, which have the conditions for the development of approximately 500 MW of wind and solar power. The projects will be included in Arise’s portfolio as early-stage projects.

Per-Erik Eriksson, CEO, Arise AB says:

”We are delighted to announce this co-operation agreement between Pohjan Voima and Finsilva. This partnership marks another milestone in our growth strategy, adding 500 MW of new greenfield early-stage projects to our portfolio, proving that we are on track to deliver on our 2025 portfolio targets.

We are confident that Pohjan Voima will continue to utilise their expertise and develop these projects to ready to build stage, boosting our platform in Finland and contributing further to the energy transition”

Halmstad, 12 June 2024

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

Earn-out payment for project Ranasjö- and Salsjöhöjden has been agreed

Arise AB (publ) (“Arise”) has entered into an agreement regarding the settlement of the earn-out payment for project Ranasjö- and Salsjöhöjden. According to the agreement, the earn-out payment amounts to EUR 6.6 million which Arise is expected to receive during June 2024.

Halmstad, 5 June 2024

Arise AB (publ)
For further information, please contact:
Per-Erik Eriksson, CEO, Arise AB, +46 702 409 902

This information is information that Arise AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 5 June 2024 at 15.00 CEST.

Change in number of Arise shares and votes

During May, the number of shares and votes in Arise AB (publ) has decreased due to the cancellation of own ordinary shares repurchased within the framework of the company’s buyback program which was resolved by the Annual General Meeting on 7 May, 2024. As of 31 May, 2024, the number of shares and votes in Arise AB (publ) amounts to 42,713,301.

Halmstad, 31 May 2024

Arise AB (publ)

For further information, please contact

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