Atrium Ljungberg Ab Class B · OMXSTO:ATRLJ_B
Atrium Ljungberg Ab Class B — Q2 2025 Earnings Presentation
16 slides from Atrium Ljungberg Ab Class B's earnings presentation, Jul 4, 2025
Slide 1: Atrium Ljungberg Interim Report 2025
01 Interim Report Q2 2025 Atrium Ljungberg Interim Report / 2025
Slide 2: Overview
02 Interim Report Q2 2025 Overview 1 2 3 4 RENTAL MARKET EARNINGS PROPERTY PORTFOLIO PROJECTS SEKm -9 SEKm 524, +1% Q2 SEKm 23, +0,0% Q2 SEK 0,8 billion Q2 SEKm 1 041, Q1-Q2 SEKm 201, +0,4% Q1-Q2 SEK 1,4 billion Q1-Q2 SEKm 14 SEK 9,6 billion SEK 60 billion SEKm 644, -13% Q1-Q2
Slide 3: Atrium Ljungberg in brief
03 Interim Report Q2 2025 Atrium Ljungberg in brief. Uppsala 10% 65% 80% Stockholm 5% Gothenburg 20% Property value SEK 60 billion 5% Contracted annual rent SEK 3 billion 12% Malmö Letting area 877,000 m2 3% Occupancy rate 91% 1% Loan-to-value ratio 42%
Slide 4: Rental and residential market
04 Interim Report Q2 2025 Rental and residential market OFFICES Slightly higher activity in recent months. RETAIL Recovery in consumption is taking longer time. RESIDENTIALS Better conditions are expected to lead to a gradual recovery.
Slide 5: Most significant lettings
05 Interim Report Q2 2025 Restaurant Most significant lettings Mälarterrassen, Slussen, 373 sq.m. LETTING Ericsson Green Cargo Grocery store Coop Östra Lindholmen, Gothenburg Mineralvattenfabriken, Hagastaden Mobilia, Malmö Mineralvattenfabriken, Hagastaden 31,537 sq.m. 1,537 sq.m. 1,454 sq.m. 1,448
Slide 6: Stable and diversified customer base
06 Interim Report Q2 2025 Stable and diversified customer base Maturity structure annual contract value ─ ─ ─ ─
Slide 7: Retail
07 Interim Report Q2 2025 Retail Sales per month 2020 January – 2025 May Visitors per month to our retail hubs Our retail hubs – overview
Slide 8: Results
08 Interim Report Q2 2025 Results LETTING RATE OPERATING SURPLUS AVERAGE YIELD MARGIN Q1-Q2 REQUIREMENTS 90,5% 71,4% 4,7% Q2 2025 Q1-Q2 2025 SEKm 725 SEKm 1 461 RENTAL INCOME -4% -3% SEKm 524 SEKm 1 043 OPERATING SURPLUS -4% -4% SEKm -170 SEKm -323 NET FINANCIAL ITEMS — +27% +20% — PROFIT FROM SEKm
Slide 9: Operating surplus comparable portfolio
09 Interim Report Q2 2025 Operating surplus comparable portfolio Comparable portfolio +2.1%/+1.8% OFFICES RETAIL +3.1%/+2.4% -0.2%/+0.6% → SICKLA CENTRAL
Slide 10: Operating surplus transactions
10 Interim Report Q1 2025 Operating surplus transactions Changes in operating surplus, transactions: Acquired properties SEKm -1 Sold properties SEKm -46 EKEN 6 and EKEN 14, 36,400 sq.m. Divestment Q2 2024
Slide 11: Financial position
11 Interim Report Q2 2025 Financial position High investment rate in ongoing projects and continued strong balance sheet KEY PERFORMANCE INDICATORS INTEREST COVERAGE RATIO R12 3,2 times NET DEBT TO EBITDA R12 12,4 times LOAN-TO-VALUE RATIO 42,0% PROJECTS INTEREST-BEARING LIABILITIES
Slide 12: Financing
12 Interim Report Q2 2025 Financing Interest rate duration CAPITAL DURATION 3,6 yrs INTEREST RATE DURATION 3,0 yrs PROPORTION AT FIXED RATE (swap/fixed rate loan) 97% AVAILABLE LIQUIDITY SEK 9b Credit maturities including unutilised facilities, SEK m RATING, Moody´s (negative outlook) Baa2
Slide 13: Ongoing projects
13 Interim Report Q2 2025 Ongoing projects
Slide 14: Kv. Ångqvarn
14 Interim Report Q2 2025 Kv. Ångqvarn
Slide 15: Our largest development projects
15 Interim Report Q2 2025 Our largest development projects SICKLA SLAKTHUSOMRÅDET HAGASTADEN SLUSSEN The Nordic Epicenter for Stockholm’s new meeting Ultra-urban city Where the whole city Sustainability, Innovation, place for food, culture with an international meets. From road junction and Well-bei
Slide 16: Q2 2025
Q2 2025 Qt