Business
Sagax AB Q1 Income Climbs
Sagax AB Q1 Income Climbs
About this update from Ab Sagax Class A
STOCKHOLM (dpa-AFX) - Sagax AB (SAGA-A.ST) announced a profit for its first quarter that Increased, from last yearThe company's earnings came in at SEK1.376 billion, or SEK3.88 per share. This compares with SEK878 million, or SEK2.41 per share, last year.The company's revenue for the period rose 2.8% to SEK1.344 billion from SEK1.307 billion last year.Sagax AB earnings at a glance (GAAP) :-Earnings: SEK1.376 Bln. vs. SEK878 Mln. last year.-EPS: SEK3.88 vs. SEK2.41 last year.-Revenue: SEK1.344 Bln vs. SEK1.307 Bln last year.*Earnings per Class A and B share after dilutionLooking ahead, the company has reaffirmed its guidance. Sagax, said: 'Profit from property management for 2026 attributable to the Parent Company's shareholders, meaning profit before revaluations and tax, based on the current property portfolio, announced acquisitions and divestments and current exchange rates, is expected to amount to SEK 4,500 M.'Copyright(c) 2026 RTTNews.com. All Rights ReservedCopyright RTT News/dpa-AFX