11 April 2025
Regulatory press release

SBB publishes 2024 annual report and updated financial and operational targets including dividend policy

Samhällsbyggnadsbolaget i Norden AB (publ) (‘SBB’) has today published the Annual Report and Sustainability Report for 2024.

The Annual Report is available on SBB's website, and in the attached file

SBB has decided to update the company's financial and operational targets, including dividend policy.

New financial and operational targets

  • Net asset value: Generate growth in long-term net asset value per A and B ordinary share averaging at least 12 per cent per annum over a period of five year.
  • Net operating income: Net operating income in like-for-like portfolio to increase by at least CPI + 1 per cent per annum.
  • Rating: In the long term, the Group shall achieve a rating of at least BBB-
  • Leading companies: Build efficient and leading companies in all business areas.
  • Energy: Carbon-neutral by 2030 and make buildings energy-efficient by 2030
    • All buildings to achieve energy class E at least
    • Improve most properties by one energy class at least
  • Dividend policy: The company's structure should allow for increasing dividends once the investment grade rating is achieved

"Our ambition is to strengthen SBB's position in the long term, and we are now adjusting our targets in a responsible manner“says Leiv Synnes, CEO of SBB.

Contacts
For further information, please contact:
Helena Lindahl, Treasury Director ir@sbbnorden.se, press@sbbnorden.se

About Us
Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is one of the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm. Further information about SBB is available at www.sbbnorden.se.

This information is information that Samhällsbyggnadsbolaget i Norden AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-04-11 08:00 CEST.

Attachments
SBB Annual Report 2024

Documents