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2022-09-13 08:00:00

Samhällsbyggnadsbolaget i Norden AB: SBB presents pro forma earning capacity for 2023

Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") will, in connection with investor presentations held today at Kepler Chevreux in Paris and DNB in Oslo, present the group's pro forma earning capacity for 2023. The pro forma earnings are adjusted for inflation and takes into account portfolio divestments after the end of the second quarter as well as letters of intent regarding future divestments for a total value of approximately SEK 12 billion. The group's pro forma earning capacity refers to SBB's current cash flow to ordinary class A and B shareholders. The pro forma for 2023 amounts to SEK 2.39 per ordinary share A and B, to be compared with SEK 2.33 before the portfolio divestments and assumed inflation adjustments.


The full pro forma calculation that will be presented is attached to this press release.

"In recent months, we have continued to sell properties in line with book values and in order to strengthen our balance sheet. Given the high divestment rate, in connection with investor presentations today, we will publish an updated earning capacity to facilitate the assessment of SBB's cash flows. As we have noted earlier, SBB's rental income is linked to the CPI and thus hedged by inflation, which is reflected in the fact that current cash flow per ordinary share A and B is strengthened despite increasing interest rates and large portfolio divestments," says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.

This disclosure contains information that Samhällsbyggnadsbolaget i Norden AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 13-09-2022 08:00 CET.


For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@sbbnorden.se


Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region's leading property company in social infrastructure. The Company's strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company's series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.


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