We build and develop residential, commercial buildings and community service properties, as well as logistics and industrial facilities – always with a strong focus on sustainability.
The Wästbygg Group works for a transparent dialogue with our stakeholders. Here you can find relevant financial information, news, updated reports and presentations.
According to the Instruction and Rules of Procedure for the Nomination Committee, the committee is to consist of four members representing the three largest shareholders as of the last trading day in September, in addition to the Chairperson of the Board. If any of the three largest shareholders do not wish to exercise their right to appoint a member, the right to appoint such a member then passes to the next largest shareholder.
The Nomination Committee...
Wästbygg Gruppen AB (publ) has decided to terminate the agreement with Carnegie Investment Bank which concerns liquidity provision. The last day of the assignment is 31 October 2024.
The purpose of the guarantee has been to promote liquidity in the company's shares, reduce volatility and facilitate trading. Wästbygg Group assesses that current trading and thus liquidity in the share is good and that the need for a liquidity provider is...
Wästbygg Gruppen AB (publ) (the “Company” or “Wästbygg Group”) announced on 4 September 2024 that it will redeem in full all of its outstanding senior unsecured green bonds 2021/2024 with ISIN SE0016798227 (the “Bonds” and “Early Redemption”).
The Early Redemption was conditional upon the successful issuance of new bonds as announced by the Company through a press release on 4 September 2024 (the “New Bond Issue”). The issue date...
Wästbygg Gruppen AB (publ) (the “Company” or “Wästbygg Group”) has today successfully placed senior secured green bonds in an amount of SEK 400,000,000 with a tenor of 3 years (the “New Bonds” or the “New Bond Issue”). The New Bonds will carry floating interest of STIBOR 3m plus 6.25 per cent. per annum and will be issued at par. The settlement date for the New Bonds is expected to be 27 September 2024.
Furthermore, on 4 September 2024,...
Wästbygg Gruppen AB (publ) (the “Company” or “Wästbygg Group”) announced on 4 September 2024, a conditional offer to the holders of the Company’s outstanding senior unsecured green bonds 2021/2024 with ISIN SE0016798227 (the “Existing Bonds”) to tender any and all of their Existing Bonds for purchase by Wästbygg Group for cash at a purchase price equal to 100.25 per cent of the nominal amount plus accrued and unpaid interest (the...
Wästbygg Gruppen AB (publ) (the “Company” or “Wästbygg Group”) has mandated DNB Markets, a part of DNB Bank ASA, Sweden Branch (“DNB Markets”), and Swedbank AB (publ) (“Swedbank”) as Joint Bookrunners to arrange a series of credit investor meetings to explore the possibility of issuing floating rate senior secured green bonds under a total framework of SEK 1,000,000,000, with an expected tenor of three years and an expected initial...
Focus on adaption of operations and streamlinging of offering
Wästbygg Gruppen AB (publ) presents its interim report for January-June 2024.“The market situation for the construction sector remained challenging in the first half of the year, and unfortunately seems unlikely to improve in the near future. We have already taken various measures to adapt our operations to the current situation. However, a combined assessment of the order intake for the...
Wästbygg Group will publish its interim report Januari-June 2024 on Thursday 22 August 2024 at 08.00 (CEST). Investors, analysts, and journalists are welcome to attend the company’s audiocast with teleconference at 09.30 (CEST) on the same day.
Jonas Jönehall, CEO and Peter Bryng, interim CFO, will present the report. The presentation will be held in Swedish.Date: 22 August 2024Time: Report published at 08.00 (CEST)Audiocast with teleconference at...
An Annual General Meeting was held in Wästbygg Gruppen AB (publ), reg. no 556878-5538 (the “Company”) on May 7, 2024. A summary of the decisions made at the Annual General Meeting follows below. All resolutions have been made with required majority.
Adoption of the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet and discharge from liabilityThe Annual General Meeting adopted the income...
An intermediate quarter pending effects of a strong order backlog. Wästbygg Gruppen AB (publ) presents its interim report for January-March 2024. “During Q1 we saw positive signals in the form of falling inflation, which in turn suggests interest rate cuts could be imminent. At the same time, the situation remains challenging for the construction industry, although there have been signs of increased market activity during the spring. For the Wästbygg...
Wästbygg Group will publish its interim report Januari-March 2024 on Tuesday 7 May 2024 at 08.00 (CEST). Investors, analysts, and journalists are welcome to attend the company’s audiocast with teleconference at 09.30 (CEST) on the same day.
Jonas Jönehall, CEO and Peter Bryng, interim CFO, will present the report. The presentation will be held in Swedish.Date: 7 May 2024Time: Report published at 08.00 (CEST)Audiocast with teleconference at 09.30...
Wästbygg Gruppen’s subsidiary, Logistic Contractor, has signed an agreement with Niam, who is acquiring a logistics property under construction in Norway. The agreed property value amounts to 1,450,000,000 NOK. The transaction is carried out through a combination of forward funding and forward commitment. Niam will take possession of the property upon completion during the summer of 2025.
The property, located in Eidsvoll north of Oslo, has been...
The shareholders of Wästbygg Gruppen AB (publ), corporate registration no. 556878–5538, (“Wästbygg Group” or “the Company”), are invited to the Annual General Meeting on Tuesday, 7 May 2024 at 15.00 at the new Wästbygg Group Main Office at Johan Willins Gata 6, Gothenburg.
Registration at the General Meeting is initiated at 14.30. Light refreshments will be served.THE RIGHT TO PARTICIPATE AND NOTICE OF PARTICIPATION IN THE MEETINGAny...
Jessica Gårdmo, CFO of Wästbygg Group since 2022, has today announced that she is leaving her position and the company's executive management for new challenges outside the group. Peter Bryng is appointed interim CFO and member of the executive management.
Beyond many years of experience in similar interim assignments for listed companies, Peter Bryng’s latest position was as CFO of Jula AB.- I am content that we are able to appoint Peter Bryng...
Stable order backlog and continued strong financial position after a challenging year.
Wästbygg Gruppen AB (publ) presents its year-end report for 2023.“During 2023, the entire construction sector was heavily impacted by the economic situation. This had significant consequences, not least in the area of residential construction. The Wästbygg Group was no exception. An already sluggish residential market slowed down further in Q4, necessitating further...
Wästbygg Group will publish its year-end report 2023 on Thursday 8 February 2024 at 08.00 (CET). Investors, analysts, and journalists are welcome to attend the company’s audiocast with teleconference at 09.30 (CET) on the same day.
Jonas Jönehall, CEO and Jessica Gårdmo, CFO, will present the report. The presentation will be held in Swedish.Date: 8 February 2024Time: Report published at 08.00 (CET)Audiocast with teleconference at 09.30 (CET)Link to...
Wästbygg Group’s result for the fourth quarter of 2023 is negatively impacted mainly by costs related to bankruptcies of subcontractors as well as a more cautious assessment of future income in self-developed tenant-ownership projects caused by a stagnant housing market. Furthermore, the result is charged by write-downs of the group's assets. The total effects add up to approx. SEK -320 million. The group's operating profit for the quarter is...