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Top related persons:
Terje Solsvik - 2 Marie Mannes - 1 Bertil Nilsson's - 1 Greta Rosen Fondahn - 1 Bertil Nilsson - 1 Jesus Calero - 1 Anna Ringstrom - 1
Top related locs:
Swedish Stockholm Sweden Rights STOCKHOLM OSLO EduCo Brookfield
Top related orgs:
SBB - 2 Brookfield - 2 Thomson - 2 REUTERS - 1 Rights - 1 EduCo - 1 Brookfield Asset Management - 1 Core Infrastructure Partners - 1

Search resuls for: "Bertil Nilsson"


2 mentions found


☆ Sweden's SBB posts bigger Q3 loss
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Marie Mannes/File Photo Acquire Licensing RightsSTOCKHOLM, Nov 13 (Reuters) - Debt-laden Swedish property group SBB (SBBb.ST) reported a widening of its pre-tax loss in the third quarter on Monday. The landlord, which owns properties across Sweden including hospitals and care homes, reported a pre-tax loss of 3.13 billion Swedish crowns ($287 million) for continuing operations, compared to a loss of a revised 2.56 billion a year ago. This was weaker than Carlsquare analyst Bertil Nilsson's expectation of a loss of 2 billion crowns. SBB slashed its property values by 3.52 billion crowns in the quarter, after analysts had warned property values in the sector could continue to see pressure from high interest rates. Its net operating income came in at 0.93 billion crowns, down from revised 1.02 billion a year earlier.
Persons: Marie Mannes, Bertil Nilsson's, Greta Rosen Fondahn, Terje Solsvik Organizations: SBB, REUTERS, Rights, Brookfield, Thomson Locations: Stockholm, Sweden, Rights STOCKHOLM, Swedish
☆ SBB shares up 37% on cash infusion, end of strategy review
  + stars: | 2023-09-25 | by ( ) www.reuters.com   time to read: +1 min
OSLO, Sept 25 (Reuters) - Shares of Swedish property group SBB (SBBb.ST) rose 37% in early trade on Monday after it announced on Sunday it would reorganise its business, securing an 8 billion crown ($719 million) cash boost and ending a strategic review. "The fact that SBB is freeing up 8 billion crowns must be seen in a very positive light. In a crisis, it is almost all about having liquidity, and SBB is getting it now," Carlsquare analyst Bertil Nilsson said. SBB, which has seen its shares plunge 95% since early 2022 on concerns over the group's viability, also on Sunday presented a decentralised structure to boost its transparency and funding options. ($1 = 11.1296 Swedish crowns)Reporting by Terje Solsvik and Jesus Calero, editing by Anna RingstromOur Standards: The Thomson Reuters Trust Principles.
Persons: Bertil Nilsson, Terje Solsvik, Jesus Calero, Anna Ringstrom Organizations: SBB, EduCo, Brookfield Asset Management, Brookfield, Core Infrastructure Partners, Thomson Locations: OSLO, EduCo, Brookfield, Swedish
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