- Atrium Ljungberg’s rental income for the first quarter was SEK735 million, closely aligning with the estimate of SEK739.4 million.
- Net income increased by 12% year-over-year, reaching SEK453 million.
- Net sales totaled SEK814 million, slightly below the estimate of SEK840.2 million.
- The company reported net lease revenue of SEK23 million.
- Portfolio value at the end of the period stood at SEK59.10 billion.
- Income generated from property management was SEK328 million.
- The loan to value ratio was recorded at 41.8%, which is marginally lower than the estimated 42.1%.
- There was an unrealized change in the value of investment properties, amounting to a positive SEK179 million.
- Analysts’ ratings included 3 buy recommendations, 6 holds, and no sell recommendations.
A look at Atrium Ljungberg AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors eyeing Atrium Ljungberg AB for the long term could find promising signs in the company’s Smart Scores. With a top-notch Value score of 5, Atrium Ljungberg AB shines in terms of its perceived intrinsic worth relative to its price. While its Dividend and Momentum scores sit comfortably in the middle at 3, showcasing a moderate level of dividends and market momentum. However, the company’s Growth and Resilience scores lag behind at 2, indicating some room for improvement in terms of future expansion and ability to withstand economic downturns. Overall, the company’s outlook seems positive, particularly for value-focused investors.
Atrium Ljungberg AB, a real estate company based in the Stockholm area, is focused on acquiring, owning, and managing various real estate assets including apartments, commercial spaces, stores, laboratories, offices, and warehousing. Additionally, the company also boasts ownership of a construction firm. This diverse portfolio positions Atrium Ljungberg AB well within the real estate sector, with a solid emphasis on properties in the Stockholm region. As investors evaluate the company’s Smart Scores, they may find a mix of strengths and areas for enhancement, indicating a potentially intriguing prospect for long-term investment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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