Sweden's Heba Fastighets H1 rental income rises 4%

Heba Fastighets AB

09/07/2026 11:10

Overview
Sweden property owner's H1 rental income rose 4% yr/yr to SEK 316.1 mln
Income from property management grew 7% to SEK 122.6 mln
Profit for H1 increased to SEK 194.1 mln from SEK 115.6 mln

Outlook
Company continues push towards 2030 energy use target of 40 kWh/m

Result Drivers
PROPERTY MANAGEMENT EFFICIENCY - Co attributed improved results to efficient property management and systematic methods in energy use, digitalisation, quality, capital allocation and sustainability, per CEO Patrik Emanuelsson
LOWER MAINTENANCE COSTS - Maintenance costs are now SEK 11/m2, reduced by 72% since 2010, supporting profitability
SUSTAINABILITY INITIATIVES - Record-low energy use and retention of Nasdaq Green Equity Designation highlighted as supporting long-term productivity and efficiency

Company press release: ID:nMFN9wpxHQ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Rental Income
 
SEK 316.1 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy"
Wall Street's median 12-month price target for HEBA Fastighets AB is SEK35.00, about 47.1% above its July 8 closing price of SEK23.80
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 18 three months ago

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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.)