Stendörren 2025 rental income rises on Sweden, Finland acquisitions

Stendorren Fastigheter AB

12/02/2026 06:10

Overview

Sweden logistics property firm's rental income grew 16% yr/yr

Net operating income rose 17% yr/yr

Company completed acquisitions in Sweden and Finland worth SEK 620 mln

Outlook

Stendörren expects Helsinki acquisition to increase annual net operating income by SEK 96 mln

Company sees 13% increase in income from property management per share from Helsinki acquisition

Stendörren plans to capitalize on growth opportunities in acquisitions and development projects

Result Drivers

PROPERTY ACQUISITIONS - Acquisitions in Sweden and Finland contributed SEK 41 mln in increased net operating income annually

RENEGOTIATED LEASES - Lease renegotiations increased rental values by 14% on average

REFINANCING - Early refinancing reduced interest expenses by SEK 36 mln annually

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Rental Income
SEK 1.04 bln
FY Net Income
SEK 173 mln
FY Cash Flow From Operating Activities
SEK 366 mln
FY Net Letting
-SEK 7.60 mln
FY Net Operating Income
SEK 841 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "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 Stendorren Fastigheter AB is SEK250.00, about 25.6% above its February 11 closing price of SEK199.00

Press Release: ID:nWkr8yj85S

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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.)