COMMENTS TO THE RESULTS
 
JANUARY – SEPTEMBER 2024
· Rental income amounted to SEK 35 m (36).
· Net operating income was SEK 20 m (21).
· Profit/loss from associated companies was SEK -28 m (-580).
· Changes in the value of investment properties was SEK 10 m (-94).
· Profit/loss before tax for the period was SEK 7 m (-687).
 
JULY – SEPTEMBER 2024
· Rental income amounted to SEK 11 m (12).
· Net operating income was SEK 7 m (9).
· Profit from associated companies was SEK -11 m (-2), from which a loss in the sale Ankarhagen accounts for SEK -3 m and results from Vincero Fastigheter of approximately SEK -7 m.
· Changes in the value of investment properties amounted to SEK 10 m (0) which relate to the dissolution of other provisions as per the sale of the last remaining shares in the previous JV Klippudden Fastigheter.
· Profit/loss before tax for the period was SEK 32 m (-8).
 
SIGNIFICANT EVENTS JULY – SEPTEMBER 2024
· As of July 1, Holmström Fastigheter sold the remaining ordinary shares in Klippudden Fastigheter. This results in a dissolution of other provisions of approximately SEK 27 m in Q3, which increased earnings accordingly.
· Holmström Fastigheter has received unconditioned shareholder contributions in the form of shares in Esmaeilzadeh Holding AB (“EHAB”) and HAM Nordic AB, the parent company of Magnolia Bostad in accordance with the written procedure of the bond.
· Marija Nikolic replaced Ken Wendelin as member of the board in Holmström Fastigheter.
· Holmström Fastigheter divested its 20% ownership in the unlisted entity of Ankarhagen Holding AB (“Ankarhagen”). The sales price for the shares and shareholder loans amounted to about SEK 120 m.
 
SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER
· The conditions of the written procedure were met, meaning the duration of the bond was extended by two years to 2026-10-14.