Castellum AB
CAST
ISIN SE0000379190 / Valor 644866
Castellum AB
UMushroom community rating:
About company
Castellum AB is a prominent Nordic property company that focuses on developing flexible workplaces and smart logistics solutions in attractive growth regions. With a strong presence in Sweden, Copenhagen, and Helsinki, Castellum maintains close relationships with its tenants by offering premises tailored to their needs, providing excellent service, and ensuring rapid responses. The company owns office and logistics spaces in various locations, from city centers to well-connected business districts, with a strategy for growth that includes investing in new construction, extensions, reconstructions, and acquisitions to enhance cash flow and increase property value. Castellum's commitment to sustainability is evident through its goal to achieve climate neutrality by 2030 and its recognition on the Dow Jones Sustainability Indices. Additionally, the company has exposure to the Norwegian market through its associated company Entra, further solidifying its position as a key player in the Nordic property sector.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (19.11.2025):
For Castellum AB’s Q3 Interim Report January–September 2025, the company reported a mixed performance with modest declines in rental income and net operating income in its like‐for‐like portfolio, while profitability in terms of net income and earnings per share saw notable improvements compared to the previous year. The report also underlined the “Back to Basics” strategy aimed at enhancing efficiency through cost reductions and bolstering leasing activities amid a challenging market environment.
Income & Operating Performance
In Q3 2025, rental and service income stood at SEK 2,407 million (down from SEK 2,428 million) and for the January–September period at SEK 7,196 million (compared to SEK 7,405 million). Similarly, net operating income registered at SEK 1,702 million in Q3 and SEK 4,908 million for the period, reflecting slight declines in the like-for-like portfolio performance.
Earnings & Profitability
Castellum AB’s net income after tax improved substantially with Q3 figures reaching SEK 858 million (up from SEK 471 million) and the January–September period totaling SEK 1,050 million (compared to SEK 368 million). This translated into an increase in earnings per share to SEK 1.74 in Q3 and SEK 2.13 for the reported period, showcasing a strong profitability recovery.
Property Management & Investment Results
Income from property management decreased moderately by 3.6% in Q3 (from SEK 1,300 million to SEK 1,253 million) and by 7.0% for the January–September period. Additionally, changes in the value of investment properties were negative, with Q3 recording a decrease of SEK 232 million and the period as a whole a decline of SEK 1,400 million, thereby impacting overall results.
Financial Health & Strategic Initiatives
The report highlights key financial metrics such as a stable return on equity of 3.9% for the last 12 months and a robust property portfolio valued at SEK 137.3 billion. Emphasizing a “Back to Basics” approach, Castellum AB is focused on cost-cutting, streamlining internal processes, and accelerating leasing activities to navigate a tightening commercial property market and improved profitability.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
5448 M
Market cap (USD)
1,375,267
Daily traded volume (Shares)
120.85 / 119.1
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
