Atrium Ljungberg (ATRLJ) Q2 2026 earnings summary

Executive summary

• Achieved a stable quarter with the largest leasing deal in company history: Ericsson signed for 58,000 sqm in Hagastaden, securing long-term rental income and enabling new project starts.

• Operating surplus increased by 2.1% to 535 MSEK, and management result rose by 1.1% to 320 MSEK compared to Q2 last year.

• Six commercial projects and one residential project completed in the last 12 months, supporting income and value stability.

• Property value reached 62 billion SEK, with ongoing projects valued at 9.2 billion SEK.

Financial highlights

• Rental income for Q2 2026 was 770 MSEK (up 6.2% year-over-year); operating surplus was 535 MSEK (up 2.1%).

• Management result for Q2 was 320 MSEK (up 1.1% year-over-year); net profit for Q2 was 63 MSEK.

• Negative property value changes of -79 MSEK in Q2; unrealized property value changes were -295 MSEK for H1.

• Net investments in projects totaled 674 MSEK in Q2; H1 investments totaled 1,242 MSEK.

• Result per share for Q2 2026 was 0.10 SEK.

Outlook and guidance

• Market uncertainty persists, but there are signs of recovery in the office segment and continued positive trends in retail and residential markets.

• The company is well-positioned with a diversified property and project portfolio in strong locations and a solid financial base.

• Ongoing project portfolio remains strong, with 6.2 billion SEK left to invest.