Sweden's Wihlborgs Q1 rental income rises 10% to record

Wihlborgs Fastigheter AB

21/04/2026 06:09

Overview

Sweden commercial property owner's Q1 rental income rose 10% yr/yr to record SEK 1,150 mln

Operating surplus and property management income also increased from a year earlier

Company implemented new sustainability targets and continued investing in projects and acquisitions

Outlook

Company sees prolonged decision-making processes due to general market caution

Wihlborgs notes good potential in ongoing tenant discussions

Company continues to invest in new projects and acquisitions to strengthen market positions

Result Drivers

RENTAL INCOME GROWTH - Co said rental income rose 10% yr/yr to a record SEK 1,150 mln, driven by ongoing tenant discussions and a strong net lettings track record, per CEO Ulrika Hallengren

INVESTMENTS - Co continued to invest in new projects and acquisitions to strengthen market positions, per CEO

Company press release: ID:nWkr7W94VL

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Rental Income
SEK 1.15 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "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 Wihlborgs Fastigheter AB is SEK102.50, about 13.6% above its April 20 closing price of SEK90.20

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 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.)