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Economy · Tisdag 29 april, 2025

Akademiska Hus Interim Report 1 January – 31 March 2025: Continued strong financial position

Akademiska Hus reports slightly lower profit before tax compared with last year, which is primarily the effect of negative changes in the value of properties. However, income from property management increased 7 per cent compared with last year, mainly due to improved net interest income.

Summary of interim report:  

  • Rental revenue was SEK 2,011 million (1,992), an increase of 1 per cent year-on-year. The increase was mainly attributable to indexed rental prices, as well as the completion of several major projects.
  • Net operating income totalled SEK 1,472 million (1,422), corresponding to an increase of 3 per cent on the previous year. The increase was mainly attributable to lower operating and maintenance costs.
  • Changes in property values amounted to SEK -175 million (353).
  • Net interest income amounted to SEK -231 million (-262) and net financial expense amounted to SEK -193 million (-303).
  • Income from property management was SEK 1,191 million (1,112), an increase of 7 per cent year-on-year.
  • The loan-to-value ratio was 31.2 per cent for the period.
  • The total yield on a rolling 12-month basis amounted to 3 per cent. The total yield on a rolling 84-month basis was 7.9 per cent.

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