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    SBB B — Samhallsbyggnadsbolaget I Norden AB News Story

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    Debt-Laden SBB ends losing streak with Q1 profit

    Picture of Samhallsbyggnadsbolaget I Norden AB logoSamhallsbyggnadsbolaget I Norden AB
    13/05/2025 06:42
    May 13 (Reuters) - Swedish real estate group SBB SBBb.ST swung to a pre-tax profit in the first quarter of 2025 after eleven straight quarterly losses, it said on Tuesday.

The debt-laden landlord, which owns properties such as hospitals and care homes in Sweden, reported a January-March profit before tax of 1.9 billion Swedish crowns ($194 million), compared with a revised loss of 1.18 billion a year earlier.

 (Reporting by Jesus Calero in Gdansk, editing by Milla Nissi-Prussak)

 ((Jesus.calero@thomsonreuters.com))

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