Reported Earnings • May 11
First quarter 2026 earnings released: EPS: kr0.36 (vs kr0.13 in 1Q 2025) First quarter 2026 results: EPS: kr0.36 (up from kr0.13 in 1Q 2025). Revenue: kr89.0m (up 8.1% from 1Q 2025). Net income: kr31.3m (up 163% from 1Q 2025). Profit margin: 35% (up from 14% in 1Q 2025). Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Sweden are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • May 07
Annehem Fastigheter AB to Report Fiscal Year 2026 Results on Feb 12, 2027 Annehem Fastigheter AB announced that they will report fiscal year 2026 results on Feb 12, 2027 Recent Insider Transactions • Apr 07
Director recently bought kr22m worth of stock On the 2nd of April, Pia Andersson bought around 1m shares on-market at roughly kr18.30 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr183m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 02
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: kr0.05 loss per share (down from kr0.22 profit in FY 2024). Revenue: kr345.9m (up 6.4% from FY 2024). Net loss: kr4.40m (down 124% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 01
Annehem Fastigheter AB, Annual General Meeting, May 13, 2026 Annehem Fastigheter AB, Annual General Meeting, May 13, 2026, at 10:00 W. Europe Standard Time. Location: valhall park hotel, stjernsvards alle 66 in angelholm., angelholm Sweden Recent Insider Transactions • Mar 23
Director recently bought kr18m worth of stock On the 19th of March, Pia Andersson bought around 1m shares on-market at roughly kr17.69 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr147m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 05
Director recently bought kr1.8m worth of stock On the 27th of February, Pia Andersson bought around 100k shares on-market at roughly kr17.50 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr6.6m. Insiders have collectively bought kr116m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 18
Director recently bought kr6.5m worth of stock On the 17th of February, Pia Andersson bought around 400k shares on-market at roughly kr16.25 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr108m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 15
Full year 2025 earnings released: kr0.05 loss per share (vs kr0.22 profit in FY 2024) Full year 2025 results: kr0.05 loss per share (down from kr0.22 profit in FY 2024). Revenue: kr345.9m (up 6.4% from FY 2024). Net loss: kr4.40m (down 124% from profit in FY 2024). Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Feb 12
Annehem Fastigheter AB to Report Nine Months, 2026 Results on Oct 29, 2026 Annehem Fastigheter AB announced that they will report nine months, 2026 results on Oct 29, 2026 Major Estimate Revision • Feb 05
Consensus EPS estimates fall by 68% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from kr0.875 to kr0.277 per share. Revenue forecast steady at kr345.2m. Net income forecast to grow 362% next year vs 6.8% growth forecast for Real Estate industry in Sweden. Consensus price target of kr20.00 unchanged from last update. Share price was steady at kr16.12 over the past week. Reported Earnings • Oct 24
Third quarter 2025 earnings released: kr0.22 loss per share (vs kr0.26 loss in 3Q 2024) Third quarter 2025 results: kr0.22 loss per share (improved from kr0.26 loss in 3Q 2024). Revenue: kr85.4m (up 6.2% from 3Q 2024). Net loss: kr19.3m (loss narrowed 15% from 3Q 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Oct 16
Annehem Fastigheter AB to Report Q3, 2025 Results on Oct 23, 2025 Annehem Fastigheter AB announced that they will report Q3, 2025 results on Oct 23, 2025 Recent Insider Transactions • Aug 25
Director recently bought kr2.8m worth of stock On the 22nd of August, Pia Andersson bought around 153k shares on-market at roughly kr18.08 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr8.9m. Insiders have collectively bought kr85m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 13
Director recently bought kr8.9m worth of stock On the 8th of August, Pia Andersson bought around 500k shares on-market at roughly kr17.74 per share. This transaction amounted to 6.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr19m. Insiders have collectively bought kr82m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 23
Director recently bought kr59k worth of stock On the 18th of July, Jesper Göransson bought around 4k shares on-market at roughly kr16.37 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr72m. Insiders have collectively bought kr72m more in shares than they have sold in the last 12 months. Reported Earnings • Jul 18
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: kr91.2m (up 10.0% from 2Q 2024). Net income: kr1.40m (down 90% from 2Q 2024). Profit margin: 1.5% (down from 16% in 2Q 2024). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Jun 13
Director recently bought kr8.0m worth of stock On the 9th of June, Pia Andersson bought around 500k shares on-market at roughly kr16.00 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr72m. Insiders have collectively bought kr72m more in shares than they have sold in the last 12 months. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Chairman of the Board Henrik Saxborn was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 13
Director recently bought kr72m worth of stock On the 9th of May, Pia Andersson bought around 5m shares on-market at roughly kr15.63 per share. This transaction increased Pia's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr41m more in shares than they have sold in the last 12 months. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: kr0.13 (vs kr0.12 loss in 1Q 2024) First quarter 2025 results: EPS: kr0.13 (up from kr0.12 loss in 1Q 2024). Revenue: kr82.3m (flat on 1Q 2024). Net income: kr11.9m (up kr21.1m from 1Q 2024). Profit margin: 14% (up from net loss in 1Q 2024). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Price Target Changed • May 05
Price target decreased by 14% to kr20.00 Down from kr23.20, the current price target is provided by 1 analyst. New target price is 26% above last closing price of kr15.82. Stock is down 5.5% over the past year. The company is forecast to post earnings per share of kr1.44 for next year compared to kr0.22 last year. Announcement • Apr 29
Annehem Fastigheter AB to Report Q1, 2025 Results on May 06, 2025 Annehem Fastigheter AB announced that they will report Q1, 2025 results on May 06, 2025 Buy Or Sell Opportunity • Apr 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to kr15.73. The fair value is estimated to be kr19.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 950% in the next 2 years. Announcement • Apr 03
Annehem Fastigheter AB, Annual General Meeting, May 14, 2025 Annehem Fastigheter AB, Annual General Meeting, May 14, 2025, at 10:00 W. Europe Standard Time. Location: at valhall park hotel, stjernsvards alle 66, angelholm Sweden Reported Earnings • Apr 01
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: kr0.22 (up from kr3.40 loss in FY 2023). Revenue: kr325.0m (up 11% from FY 2023). Net income: kr18.5m (up kr219.1m from FY 2023). Profit margin: 5.7% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 01
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.0% to kr15.05. The fair value is estimated to be kr19.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 950% in the next 2 years. Buy Or Sell Opportunity • Mar 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.5% to kr15.50. The fair value is estimated to be kr19.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 950% in the next 2 years. Reported Earnings • Feb 14
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: kr0.22 (up from kr3.40 loss in FY 2023). Revenue: kr325.0m (up 11% from FY 2023). Net income: kr18.5m (up kr219.1m from FY 2023). Profit margin: 5.7% (up from net loss in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Announcement • Feb 06
Annehem Fastigheter AB to Report Fiscal Year 2024 Results on Feb 13, 2025 Annehem Fastigheter AB announced that they will report fiscal year 2024 results on Feb 13, 2025 New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Reported Earnings • Oct 25
Third quarter 2024 earnings released: kr0.26 loss per share (vs kr1.10 loss in 3Q 2023) Third quarter 2024 results: kr0.26 loss per share (improved from kr1.10 loss in 3Q 2023). Revenue: kr80.4m (up 12% from 3Q 2023). Net loss: kr22.6m (loss narrowed 65% from 3Q 2023). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 22
Second quarter 2024 earnings released: EPS: kr0.15 (vs kr0.48 loss in 2Q 2023) Second quarter 2024 results: EPS: kr0.15 (up from kr0.48 loss in 2Q 2023). Revenue: kr82.9m (up 6.1% from 2Q 2023). Net income: kr13.6m (up kr46.8m from 2Q 2023). Profit margin: 16% (up from net loss in 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Chairman of the Board Henrik Saxborn was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 03
First quarter 2024 earnings released: kr0.10 loss per share (vs kr1.59 loss in 1Q 2023) First quarter 2024 results: kr0.10 loss per share (improved from kr1.59 loss in 1Q 2023). Revenue: kr81.6m (up 12% from 1Q 2023). Net loss: kr9.20m (loss narrowed 90% from 1Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: kr3.40 loss per share (down from kr3.51 profit in FY 2022). Revenue: kr292.1m (up 11% from FY 2022). Net loss: kr200.6m (down 197% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Mar 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 50% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Shareholders have been diluted in the past year (50% increase in shares outstanding). Announcement • Mar 05
Annehem Fastigheter AB has completed a Follow-on Equity Offering in the amount of SEK 260.593068 million. Annehem Fastigheter AB has completed a Follow-on Equity Offering in the amount of SEK 260.593068 million.
Security Name: Class B Shares
Security Type: Common Stock
Securities Offered: 25,548,340
Price\Range: SEK 10.2
Transaction Features: Rights Offering New Risk • Mar 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 50% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risk Shareholders have been diluted in the past year (50% increase in shares outstanding). Buy Or Sell Opportunity • Feb 23
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to kr14.60. The fair value is estimated to be kr18.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to kr14.52. The fair value is estimated to be kr18.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company became loss making. Announcement • Feb 06
Annehem Fastigheter AB has filed a Follow-on Equity Offering in the amount of SEK 300.861985 million. Annehem Fastigheter AB has filed a Follow-on Equity Offering in the amount of SEK 300.861985 million.
Security Name: Class A Shares
Security Type: Common Stock
Securities Offered: 3,431,995
Price\Range: SEK 10.2
Security Name: Class B Shares
Security Type: Common Stock
Securities Offered: 26,064,278
Price\Range: SEK 10.2
Transaction Features: Rights Offering Reported Earnings • Feb 02
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: kr3.40 loss per share (down from kr3.51 profit in FY 2022). Revenue: kr292.1m (up 11% from FY 2022). Net loss: kr200.6m (down 197% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Real Estate industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 28
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr71.6m (up 5.6% from 3Q 2022). Net loss: kr64.7m (loss narrowed 28% from 3Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Real Estate industry in Sweden. Announcement • Sep 05
Annehem Fastigheter AB Announces CFO Changes On November 15, 2023, Adela Colakovic will take over as the new Chief Financial Officer (CFO) for Annehem Fastigheter AB. Adela has been group accounting manager and part of the management team at Annehem since 2020. She starts her new position in connection with her return from parental leave. Current CFO Jan Egenäs will simultaneously move on to a role as senior financial advisor in Annehem until April 30, 2024. Reported Earnings • Jul 20
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr78.1m (up 19% from 2Q 2022). Net loss: kr33.2m (down 126% from profit in 2Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Real Estate industry in Sweden. Recent Insider Transactions • May 28
Director recently bought kr9.0m worth of stock On the 24th of May, Pia Andersson bought around 500k shares on-market at roughly kr18.00 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr39m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 17
Director recently bought kr92k worth of stock On the 12th of May, Jesper Goransson bought around 5k shares on-market at roughly kr18.49 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr32m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 15
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: kr3.51 (down from kr3.56 in FY 2021). Revenue: kr262.6m (up 16% from FY 2021). Net income: kr207.3m (down 1.1% from FY 2021). Profit margin: 79% (down from 92% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Real Estate industry in Sweden. Announcement • Feb 11
Annehem Fastigheter AB (publ) Announces Göran Grosskopf Not Stands for Re-Election as Director Annehem Fastigheter AB (publ) at its AGM to be held on 23 May 2023, announced that Göran Grosskopf has declined re-election. The Nomination Committee for the Annual General Meeting 2023 consists of: The chairman of the Nomination Committee Ulf Liljedahl (appointed by Volito Aktiebolag), Göran Grosskopf (chairman of the board of directors), Fredrik Paulsson (appointed by Ekhaga Utveckling AB) and Anders Sundström (appointed by Mats Paulsson). Board Change • Feb 07
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Independent Director Anders Hylen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jan 20
Annehem Fastigheter AB Takes Possession of the First Residential Property Annehem Fastigheter AB acquires the property Carl Florman 1, a residential property with 60 apartments and a leasable area amounting to 3259 sqm. Since the autumn of 2020, the acquisition has been an agreed company acquisition with Peab with an underlying property value of SEK 135 million, which is in line with the valuation made during Fourth Quarter 2022. Carl Florman 1 is the first residential property in Annehem's portfolio, which consists mainly of office properties. Residential properties will make up a smaller part of the stock going forward. Common to all new properties in the portfolio is a high sustainability potential. The property is located in the Johanneslust area in the eastern parts of Malmö. Johanneslust is part of the expansive urban development area Södra Kirseberg and Östervärn, an area where an additional 4,000-5,000 residentials, schools and services are planned in new green pleasant environments. Carl Florman consists of two Nordic Swan Ecolabelled buildings built on five floors. Next to the buildings is the airfield park, which gives tenants the opportunity for green space right outside the door. Occupancy is underway in the apartments, which have modern floor plans and environmental material choices. Announcement • Nov 08
Annehem Fastigheter AB Announces Changes in the Organisation Annehem Fastigheter is reorganising and changing the company's segments. The new segments will consist of Region Sweden and Region Other Nordic (Finland and Norway), formerly Region Capital and Region South. The segment change will be implemented from 1 January 2023. Ahead of this change, Gustav Eriksson, former Head of Property Management South, has been appointed Head of Property Management for Region Sweden and he will be part of Annehem's executive management team, starting as of November 7, 2022. Region Other Nordic reports until further notice to the CEO. Annehem has an ambitious vision and sustainability targets. To accelerate the work a consulting agreement has been signed with Amanda Tevell, who will take the role of Interim Sustainability Manager. Amanda has over ten years of experience in both strategic and operational sustainability and will lead the company's continued work in developing and implementing the long-term sustainability targets in the business. Reported Earnings • Oct 28
Third quarter 2022 earnings released: kr1.52 loss per share (vs kr1.42 profit in 3Q 2021) Third quarter 2022 results: kr1.52 loss per share (down from kr1.42 profit in 3Q 2021). Revenue: kr67.7m (up 22% from 3Q 2021). Net loss: kr89.9m (down 207% from profit in 3Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Real Estate industry in Sweden. Major Estimate Revision • Oct 06
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from kr4.85 to kr3.57. Revenue forecast unchanged from kr254.7m at last update. Net income forecast to shrink 105% next year vs 57% decline forecast for Real Estate industry in Sweden. Consensus price target of kr29.00 unchanged from last update. Share price fell 2.6% to kr22.25 over the past week. Announcement • Oct 06
Viveka Frankendal Resigns as COO of Annehem Fastigheter AB Annehem Fastigheter AB announced that Viveka Frankendal who has been Annehem Fastigheter's COO since 1 March 2021 will resign from her position in November 2022, after an agreement between the parties. Announcement • Sep 19
Annehem Fastigheter AB(OM:ANNE B) dropped from S&P Global BMI Index Annehem Fastigheter AB(OM:ANNE B) dropped from S&P Global BMI Index Buying Opportunity • Sep 16
Now 23% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be kr31.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last year. Earnings per share has grown by 257%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to decline by 64% in the next 2 years. Major Estimate Revision • Jul 27
Consensus EPS estimates increase by 22% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from kr248.8m to kr254.7m. EPS estimate increased from kr3.96 to kr4.85 per share. Net income forecast to shrink 50% next year vs 54% decline forecast for Real Estate industry in Sweden. Consensus price target down from kr33.00 to kr29.00. Share price rose 14% to kr29.55 over the past week. Price Target Changed • Jul 21
Price target decreased to kr29.00 Down from kr33.00, the current price target is provided by 1 analyst. New target price is 10% above last closing price of kr26.30. Stock is down 25% over the past year. The company is forecast to post earnings per share of kr3.96 for next year compared to kr3.55 last year. Reported Earnings • Jul 21
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr65.8m (up 16% from 2Q 2021). Net income: kr129.9m (up kr109.8m from 2Q 2021). Over the next year, revenue is forecast to grow 6.3%, compared to a 11% growth forecast for the industry in Sweden. Buying Opportunity • Jul 08
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 24%. The fair value is estimated to be kr28.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last year. Earnings per share has grown by 205%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to decline by 53% in the next 2 years. Buying Opportunity • Jun 16
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be kr31.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last year. Earnings per share has grown by 205%. Revenue is forecast to grow by 16% in 2 years. Earnings is forecast to decline by 51% in the next 2 years. Announcement • Jun 04
Annehem Fastigheter Appoints Monica Fallenius as New CEO Monica Fallenius will become the new CEO of Annehem Fastigheter. She will take up the position no later than October 03, 2022 and has extensive experience in the real estate industry, including as Director, Transactions & Leasing at Atrium Ljungberg and Head of Real Estate Sweden at Hemsö Fastigheter AB. Monica's most recent position was at Svenska Handelsfastigheter where she has been Real Estate Director. Recent Insider Transactions • May 31
Director recently bought kr192k worth of stock On the 25th of May, Pia Andersson bought around 7k shares on-market at roughly kr29.24 per share. In the last 3 months, they made an even bigger purchase worth kr3.2m. Insiders have collectively bought kr8.9m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 24
Director recently bought kr601k worth of stock On the 18th of May, Pia Andersson bought around 21k shares on-market at roughly kr28.31 per share. In the last 3 months, they made an even bigger purchase worth kr3.2m. Insiders have collectively bought kr8.7m more in shares than they have sold in the last 12 months. Announcement • May 20
Annehem Fastigheter AB (publ) Appoints Henrik Saxborn as Board Member Annehem Fastigheter AB (publ) announced that at its AGM held on 19 May 2022, the company has appointed Henrik Saxborn as board member. Recent Insider Transactions • May 18
Director recently bought kr3.2m worth of stock On the 12th of May, Pia Andersson bought around 121k shares on-market at roughly kr26.84 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr7.5m more in shares than they have sold in the last 12 months. Major Estimate Revision • May 05
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from kr2.43 to kr3.99. Revenue forecast steady at kr249.3m. Net income forecast to shrink 34% next year vs 46% decline forecast for Real Estate industry in Sweden. Consensus price target of kr41.00 unchanged from last update. Share price rose 7.6% to kr27.75 over the past week. Recent Insider Transactions • May 05
Director recently bought kr1.0m worth of stock On the 2nd of May, Jesper Goransson bought around 38k shares on-market at roughly kr27.39 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings: Revenues in line with analyst expectations First quarter 2022 results: Revenue: kr60.9m (up 11% from 1Q 2021). Net income: kr158.3m (up 288% from 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.1%, compared to a 10% growth forecast for the industry in Sweden. Price Target Changed • Apr 27
Price target increased to kr39.00 Up from kr33.00, the current price target is provided by 1 analyst. New target price is 51% above last closing price of kr25.90. Stock is down 9.3% over the past year. The company is forecast to post earnings per share of kr2.43 for next year compared to kr3.55 last year. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Independent Director Anders Hylen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 10
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: kr3.56 (up from kr1.22 in FY 2020). Revenue: kr226.9m (up 27% from FY 2020). Net income: kr209.7m (up 192% from FY 2020). Profit margin: 92% (up from 40% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the industry in Sweden. Reported Earnings • Feb 24
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: kr3.56 (up from kr1.22 in FY 2020). Revenue: kr226.9m (up 27% from FY 2020). Net income: kr209.7m (up 192% from FY 2020). Profit margin: 92% (up from 40% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 12%, compared to a 12% growth forecast for the industry in Sweden. Announcement • Feb 08
Annehem Fastigheter Announces Resignation of Jörgen Lundgren as CEO The Board of Annehem Fastigheter has decided to initiate a process to appoint a new CEO. The current CEO, Jörgen Lundgren, has been resigned due to that the Board and the CEO have different views on the company's strategy going forward. Jörgen Lundgren will remain in his position as CEO during a transitional period of no more than six months. The process of recruiting a permanent successor will commence immediately. Reported Earnings • Oct 29
Third quarter 2021 earnings released Third quarter 2021 results: Revenue: kr55.5m (up 16% from 3Q 2020). Net income: kr83.8m (up 384% from 3Q 2020). Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS kr0.34 (vs kr0.29 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: kr56.7m (up 19% from 2Q 2020). Net income: kr20.1m (up 16% from 2Q 2020). Profit margin: 35% (in line with 2Q 2020). 
