Published: 5/29/2026 9:54:51 AM

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Finwire about Norden Estates AB: Norden Estates increases revenue in Q1

The real estate development company Norden Estates reports revenue of SEK 10.7 million in the first quarter of 2026, compared with SEK 3.2 million in the same period last year.Operating profit improved to SEK -0.9 million (-1.1). Profit after tax amounted to SEK -1.0 million (-1.3). The company says that the sharp increase in revenue is mainly attributable to higher operational activity within the project and contracting operations.Earnings per share improved to SEK -0.03 (-0.06). "We see that the market is starting to change. As energy costs, capacity issues and requirements for actual operating performance gain greater importance, we are also seeing increased interest in solutions where the building's long-term operating economy is at the center," writes CEO Mikael Modig. Norden Estates, SEK mQ1 2026Q1 2025ChangeRevenue10.73.2238%Operating profit-0.9-1.1Profit before tax-1.0-1.3Net profit-1.0-1.3Earnings per share, kronor-0.03 kr-0.06 kr

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