K2A Knaust & Andersson Fastigheter (publ) today published its interim report for January-June 2022. Profit after tax was SEK 423 million, more than 40 per cent higher than the year-earlier period.
During the second quarter, K2A completed more than 300 apartments, which means the number of managed apartments rose 5 per cent to 4,602 as of 30 June 2022.
In 2022, K2A secured three highly attractive land allocations in Stockholm. This means K2A, when the project portfolio is completed, will manage just over 1,200 apartments in the City of Stockholm. Including Stockholm's neighbouring municipalities, this figures rises to 2,500 apartments, corresponding to almost one-fourth of the number of apartments in K2A's total property and project portfolio.
This disclosure contains information that K2A Knaust & Andersson Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 15-07-2022 14:00 CET.