Sweden's KlaraBo Q1 revenue rises 7.6% on rent hikes and acquisitions

Klarabo Sverige AB

29/04/2026 07:12

Overview

Sweden residential property manager's Q1 revenue rose 7.6% yr/yr, driven by rent hikes and acquisitions

Net income for Q1 fell, mainly due to lower property value changes and higher costs

Company repurchased SEK 35.7 mln in shares and refinanced loans at lower margins

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

RENT INCREASES & ACQUISITIONS - Revenue growth was mainly driven by this year’s rent increases and completed net acquisitions

HIGHER COSTS & WEATHER IMPACT - Net operating income growth was limited by significantly higher regulated tariffs and colder weather, which offset positive effects from standard-raising measures and rent indexation

INCREASED INTEREST EXPENSES - Decline in income from property management was mainly due to colder weather, higher regulated tariffs, and increased interest expenses from a larger loan portfolio

Company press release: ID:nMFN8KP1z8

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 188.50 mln
SEK 188.20 mln (1 Analyst)
Q1 Net Income
SEK 124 mln
Q1 Operating Income
SEK 85.40 mln
Q1 Profit From Property Management
SEK 19.40 mln


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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.)