Wallenstam boosts investments as Q1 profit eases on lower value gains

Wallenstam AB ( ($SE:WALL.B) ) has shared an announcement.

Wallenstam reported a stable start to 2026, maintaining an equity/assets ratio of 44 percent and a loan-to-value ratio of 47 percent, while net asset value per share edged up to SEK 62.90 from SEK 62.10 at year-end. Rental income was essentially flat at SEK 769 million and income from property management slipped to SEK 292 million, with profit after tax declining to SEK 442 million, or SEK 0.7 per share, amid lower property value gains.

The company stepped up investment in new construction and reconstruction to SEK 684 million, with 972 apartments under construction at quarter-end, underscoring continued focus on project development despite a difficult external environment. Management highlighted strong demand, a solid financial position and the creation of a new Investments business area, led by Erik Klang, to sharpen execution around acquisitions, divestments and new-build projects and support long-term value creation for stakeholders.

The most recent analyst rating on ($SE:WALL.B) stock is a Hold with a SEK45.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.

More about Wallenstam AB

Wallenstam AB is a Swedish property company that manages, builds and develops residential and commercial properties for sustainable living and enterprise in Gothenburg, Stockholm and Uppsala. Its portfolio, valued at about SEK 71 billion, comprises roughly 1.4 million square meters of lettable area serving around 12,800 households and 1,000 enterprises, and it is self-sufficient in renewable electricity via its own wind turbines.

Average Trading Volume: 746,006

Technical Sentiment Signal: Hold

Current Market Cap: SEK28.09B

For an in-depth examination of WALL.B stock, go to TipRanks’ Overview page.