Press release
19 September 2025
The Board of Directors of Stendörren Fastigheter AB (publ) has decided to adjust the company's financial targets. The existing target of growth in long-term net asset value is replaced with a target stating that that the company shall long term achieve an annual increase in income from property management per share of at least 15 per cent. The new target aims to more clearly reflect how Stendörren's asset management model and investments create long-term growth in cashflow.
"The new target is a more business-oriented and transparent measure of our internal ability to create long-term value. The target that is removed, growth in long-term net asset value, is largely influenced by external factors through the effect these factors have on changes in the value of properties, and it partly overlaps with the still remaining target of over 12 percent return on equity," says Stendörren's CEO Erik Ranje.
The other financial targets remain unchanged. Stendörren's four financial targets after the adjustment are:
- Profit from property management per share shall long-term increase by at least 15 percent per year.
- Average return on equity shall long-term amount to at least 12 percent.
- Interest coverage ratio shall long-term exceed 2.0 times.
- Equity ratio shall long-term be 35 percent (and never be below 20 percent).
For further information, please contact:
Erik Ranje, VD,
0703-08 52 09 or erik.ranje@stendorren.se
Per-Henrik Karlsson, CFO,
0721-58 70 92 or per-henrik.karlsson@stendorren.se
This information is information that Stendörren Fastigheter AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 09:30 CEST on 19 September 2025.
Stendörren Fastigheter AB (publ)
Fastigheter AB (publ) is an expansive property company in logistics, warehouse and light industrial in Nordic growth regions. The company is listed on Nasdaq Stockholm Mid Cap. The business concept is to create profitable growth in net asset value. This is achieved through value-creating acquisitions, capitalising on the positive rental growth that follows the urbanisation of metropolitan regions and by developing existing assets, including the company's extensive and unique building rights portfolio.
For more information about Stendörren Fastigheter AB (publ), see: www.stendorren.se.
