Interim report January - March 2023
Holmström Fastigheter Holding AB (publ) is a public company in the real estate sector and is a wholly owned subsidiary of Holmströmgruppen AB. The business is based on ownership of residential and community properties as well as co-ownership in real estate related associated companies. Our focus is on promoting sustainable and long-term value creation.
COMMENTS ON THE RESULT
JANUARY - MARCH 2023
- Rental income amounted to SEK 12 million (20). The decrease from the corresponding period last year is attributable to the sale of Klippudden Fastigheter to a jointly owned JV company, which took place on February 14, 2022.
- Other income of SEK 4 million is a one-off effect from insurance compensation for fire. Related one-off costs of SEK -4 million have also affected production and operating costs. The net of the one-off effect corresponds to SEK 0 million on net operating income.
- Net operating income amounted to SEK 5 million (9).
- Income from associated companies had a negative impact of SEK -71 million (0).
- Change in value of investment properties was SEK 0 million (28).
- Profit before tax for the period amounted to SEK -83 million (26).
SIGNIFICANT EVENTS JANUARY - MARCH 2023
- No significant events have taken place during the quarter
SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER
- After the end of the quarter, Ken Wendelin has assumed the role as CFO and Deputy CEO of the Holmström Group.
