Atrium Ljungberg on track for best day in 15 years on Q1 results

Atrium Ljungberg AB

14/04/2023 09:16

** Shares in Atrium Ljungberg  ATRLJb.ST  rise 12% after the
Swedish real estate company posted Q1 results where its
operating surplus and profit from property management beat
analyst expectations
    ** Kepler Cheuvreux via Swedbank Aktiellt equity research
service says that Atrium Ljungberg Q1 operating surplus of SEK
489 million ($47.72 million) was 6% better than expected
    ** It adds that the company's profit before value changes,
close to profit from property management of SEK 464 million, was
9% higher than expected 
    ** The share is on track for its best day since December
2008
    ** Atrium Ljungberg's peers Wallenstam  WALLb.ST , Fabege
 FABG.ST , Castellum  CAST.ST , Fastighets Balder  BALDb.ST  
rise between 3.8-4.9%


($1 = 10.2467 Swedish crowns)

 (Reporting by Agata Rybska)
 ((agata.rybska@thomsonreuters.com))