)

Svenska Nyttobostäder (NYTTO) investor relations material
Svenska Nyttobostäder Q2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Q2 2024 marked by approval of the planned merger with ALM Equity and significant portfolio developments, including the acquisition of 424 apartments in Södra Häggvik, Sollentuna.
Transformation efforts continued, focusing on capital structure, business model, and asset management to enhance financial resilience.
No dividend for 2023; AGM authorized new share issues and approved the merger plan.
Financial highlights
Q2 2024 rental income was SEK 68m (Q2 2023: SEK 58m); net operating income SEK 53m (46m).
Management result for Q2 was SEK -57m (-18m); profit after tax SEK 30m (-53m), driven by unrealized property value gains.
For H1 2024, rental income was SEK 131m (112m); management result SEK -101m (-40m); profit after tax SEK -25m (-208m).
Unrealized property value change in Q2 was SEK 119m (-36m), mainly from the Stella 9 and 10 acquisition below market value.
Economic occupancy for apartments at quarter-end was 89% (96%).
Outlook and guidance
Market activity is increasing following Riksbank's rate cut and expectations of further reductions, improving financing conditions and transaction activity.
The company expects continued portfolio development and value creation, with a focus on asset sales and project flexibility.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage