SBB´s Interim Report January – March 2026

Summary by AI ^BETAClose X

Samhällsbyggnadsbolaget i Norden AB reported a slight increase in long-term net asset value to SEK 14,528m, or SEK 8.22 per share, while property exposure grew to SEK 78.7bn. Interest-bearing liabilities decreased to SEK 38,226m, with interest expenses falling to SEK -288m. Rental income remained stable at SEK 474m, with comparable portfolios showing a 4.9 percent increase, and net operating income rose to SEK 254m, up 3.9 percent in comparable portfolios. The company experienced a profit/loss for the period attributable to Parent Company shareholders of SEK -257m, a significant decrease from the prior year's SEK 1,585m, and cash flow from operating activities before working capital changes was SEK -192m.

Disclaimer*

SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB (PUBL), INTERIM REPORT JAN–MAR 2026

The period in brief

Long-term net asset value increased by SEK 142m to SEK 14,528m (14,386), corresponding to SEK 8.22 (8.14) per share.
Property exposure increased by SEK 2.8bn to SEK 78.7bn (75.8).
Interest-bearing liabilities declined to SEK 38,226m (39,988), of which Sveafastigheter SEK 12,878m (12,721). Interest expenses amounted to SEK -288m (-354), of which Sveafastigheter SEK -117m (-84).
Rental income amounted to SEK 474m (473), of which SEK 398m (376) from Sveafastigheter. Rental income increased by 4.9 percent in comparable portfolios.
Net operating income amounted to SEK 254m (247), of which SEK 226m (217) from Sveafastigheter. Net operating income increased by 3.9 percent in comparable portfolios.
Profit/loss from joint ventures and associated companies amounted to SEK 107m (116).
Profit/loss from property management incl. discontinued operations amounted to SEK 131m (81).
Unrealized changes in value of properties amounted to SEK 104m (-12).
Profit/loss for the period incl. discontinued operations attributable to Parent Company shareholders amounted to SEK -257m (1,585).
Cash flow from operating activities before changes in working capital amounted to SEK -192m (-41).

“Determined efforts yield results – and SBB is on the path to a stronger and more value-driven future.”

Leiv Synnes, CEO

About Us
Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) invests in social infrastructure in the Nordic region. SBB develops and owns companies with the aim of creating leading companies within their respective business areas. The company holds significant ownership interests in a number of listed and unlisted companies, and conducts its operations through both direct and indirect management of assets within community service properties and residential real estate. SBB works continuously to develop and realize value over time, taking into account both financial returns and social benefit. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm. Further information about SBB is available at www.sbbnorden.se.