Samhällsbyggnadsbolaget i Norden First Quarter 2024 Earnings: Revenues Beat Expectations

Samhällsbyggnadsbolaget i Norden (STO:SBB B) First Quarter 2024 Results

Key Financial Results

• Net loss: kr1.05b (loss narrowed by 82% from 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Samhällsbyggnadsbolaget i Norden Revenues Beat Expectations

Revenue exceeded analyst estimates by 3.9%.

Looking ahead, revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Real Estate industry in Sweden.

Performance of the Swedish Real Estate industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Be aware that Samhällsbyggnadsbolaget i Norden is showing 3 warning signs in our investment analysis and 2 of those don't sit too well with us...

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