SBB says deal boosts earnings to ordinary holders by 20%

—————— Article with URL markers: SBB has reported a significant increase in earnings for ordinary shareholders following a strategic partnership with Aker Property Group, the real estate arm of Norway’s Aker ASA. The deal, which involves Aker acquiring a substantial stake in SBB and Public Property Invest AS, is expected to reduce SBB’s loan-to-value ratio to below 60% and improve its financial stability. As a result of the agreement, SBB’s shares surged more than 22% in Stockholm, marking their largest gain since December 2024.

The company’s first-quarter results showed a pre-tax profit of 1.9 billion kronor, a stark contrast to the 1.18 billion kronor loss in the same period last year. SBB also reported a 4.3% increase in operating net income in its comparable portfolio, driven by cost reductions. CEO Leiv Synnes highlighted that the partnership with Aker will support SBB’s long-term value creation and potentially lead to a dividend from Public Property Invest, which would enhance SBB’s cash flow.

SBB’s profit attributable to common shareholders in the fourth quarter of 2025 was 698 million kronor, or 0.32 kronor per share, compared to a loss of 968 million kronor in the same period in 2024. These results reflect the company’s ongoing efforts to streamline operations, reduce leverage, and improve profitability. ——————

Output Instructions

Process the entire article and return ONLY the formatted text with markdown citations, using the most appropriate citation style for each instance.