Castellum AB GAAP EPS of SEK 0.38, income of SEK 2.4B
- Castellum AB reported a GAAP earnings per share (EPS) of SEK 0.38 for the second quarter, highlighting its financial performance.
- The company experienced a 5.1% decline in total income year-over-year, amounting to SEK 2.4 billion, while securing new leases that contributed SEK 252 million in annual rental income.
- Castellum's net leasing activity was modest, recording a total of SEK 2 million for the quarter, and the return on equity over the past twelve months was 3.4%.
- The loan-to-value ratio stood at 36.7%, indicating the company's level of financial leverage.
Recommendation Rating: Informative Overview of Castellum AB Q2 Performance
Castellum AB (publ) has released its financial results for the second quarter, reporting key figures that reflect the company's performance during this period. The GAAP earnings per share (EPS) stood at SEK 0.38.
The total income reported for the quarter was SEK 2.4 billion, representing a decline of 5.1% year-over-year. The company successfully secured new leases covering 123,000 square meters, which generated an annual rental income of SEK 252 million. In terms of net leasing, Castellum recorded a total of SEK 2 million.
Furthermore, the return on equity over the past twelve months was 3.4%. The loan-to-value ratio, indicative of the company’s financial leverage, was documented at 36.7%.