HFAB Reports Strong Surplus Amid Economic Challenges
HFAB achieves a surplus of 262 million kronor, outperforming budget expectations despite economic challenges.
Key Points
- • HFAB reported a surplus of 262 million kronor, exceeding expectations by over 106 million.
- • CEO Christian Kylin highlights long-term strategies for financial success.
- • The company utilizes early warning systems to prevent vacancies and secure income stability.
- • HFAB manages 11,109 apartments, with a return on assets of 5.6% and a profit margin of 30.4%.
Halmstads Fastighets AB (HFAB) reported a remarkable surplus of 262 million kronor for the past fiscal year, significantly exceeding budget expectations by over 106 million kronor and surpassing last year's figures by 25 million kronor. CEO Christian Kylin emphasized the effectiveness of the company’s long-term, sustainable strategies in navigating economic challenges, stating, "We have developed a way of working that allows us to be long-term and sustainable regardless of the economic climate."
Amid rising interest rates and heightened costs, HFAB has successfully avoided losses, focusing on quality and service. To combat potential vacancies, the company has instituted early warning systems for identifying risks, ensuring continued income stability. Kylin also emphasized the critical role of employee responsibility, noting that staff are empowered to make decisions that impact results directly. Currently, HFAB manages a portfolio of 11,109 apartments, achieving a return on total assets of 5.6%, a profit margin of 30.4%, and a solid equity ratio of 52.6%. Kylin is set to elaborate on HFAB's financial strategies at the Ekonomidagarna event in October 2025.