Sweden's Atrium Ljungberg nine-month rental income rises, helped by property acquisitions

Atrium Ljungberg AB

09/10/2026 06:41

Overview
Sweden property developer's nine-month rental income rose 4.3% yr/yr
Profit from property management for nine months declined yr/yr
Net profit for nine months decreased compared to prior year

Outlook
Company sees continued demand for modern office space in high-quality locations
Company says vibrant urban environments are becoming more important for tenants
Atrium Ljungberg notes widening gap between top locations and other market segments

Result Drivers
LOCATION DEMAND - Co said demand remains strong for modern office space in high-quality urban locations, per CEO Annica Ånäs
PROPERTY ACQUISITIONS - Co increased investments and acquisitions during the period
LETTINGS SLOWDOWN - Net lettings declined compared to prior year

Company press release: ID:nMFN2h1PQS

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Rental Income
 
SEK 2.29 bln
 
9M Net Income
 
SEK 617 mln
 
9M EBIT
 
SEK 1.59 bln
 
9M Investments
 
SEK 2.55 bln
 
9M Profit From Property Management
 
SEK 964 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy."
Wall Street's median 12-month price target for Atrium Ljungberg AB is SEK28.00, about 26.1% above its October 8 closing price of SEK22.20
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Oct 8 - France's Patrimoine & Commerce nine-month gross rental income rises 5%
Oct 8 - Swedish house prices rise 2% Jul-Sep
Oct 7 - Sweden's Industrivarden net asset value rises 17% in nine months

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)