Annehem Fastigheter (STO:ANNE B) Second Quarter 2024 Results

Key Financial Results

• Turnover: DKK 82.9 million (6.1% more than in the second quarter of 2023).
• Net income: KRW 13.6 million (up from a loss of KRW 33.2 million in Q2 2023).
• Profit margin: 16% (up from net loss in Q2 2023).
• EPS: kr0.15 (up from kr0.48 loss in 2Q 2023).

All figures in the above graph are for the last 12 months (TTM)

Annehem Fastigheter profit insights

Looking ahead, revenue is expected to grow by an average of 12% per year over the next 3 years, compared to an expected growth of 4.2% for the real estate sector in Sweden.

Performance of the Swedish real estate sector.

The company’s shares rose 1.4% from a week ago.

Risk analysis

We don’t want to disrupt things too much, but we also thought 2 warning signs for Annehem Fastigheter (1 is a bit unpleasant!) what you should take into account.

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