STEF-BStendorren Fastigheter AB (publ)
177.20SEK0.00%Mkt Cap: 553.29M $P/E: 17.42

Stendörren Fastigheter AB (publ), a real estate company, engages in managing, developing, and acquiring properties and building rights in logistics, warehouse, and light industry primarily located in Greater Stockholm an…

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Stendörren Fastigheter (OM:STEF B): One-Off SEK232m Gain Clouds Outlook Despite Growth Narrative

Stendörren Fastigheter (OM:STEF B) is expected to see earnings grow at 24% per year, which far outpaces the broader Swedish market’s 12.6% rate. Revenue is forecast to climb by 8.3% annually compared to 3.9% for the market. The company has just recently turned profitable, and its margin improvement has drawn attention. However, the last twelve months’ figures included a one-off SEK232.0 million gain that significantly impacted reported profits. With shares now trading at SEK207 and a...

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