Trade Wallenstam B - WALLb CFD

Wallenstam Company profile

About Wallenstam AB

Wallenstam AB is a Sweden-based company active in the real estate sector. The Company’s primary activity is the acquisition, management and development of both residential and non-residential real estate located in the Stockholm, Gothenburg and Helsingborg areas in Sweden. The Company primarily manages and develops residential properties, as well as offices, shops, industrial buildings and warehouses, among others. Additionally, the Company is engaged in the supply of electricity to its customers by means of its own wind turbines and hydro power. The Company is active through a number of directly and indirectly owned subsidiaries.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Wallenstam AB revenues increased 9% to SEK2.32B. Net income increased from SEK1.91B to SEK4.72B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other increase from SEK486M to SEK2.17B (income), New construction increase of 76% to SEK1.5B (income).

Equity composition

5/2011, 3-for-1 stock split (Factor: 3). 5/2015, 2-for-1 stock split (Factor: 2).