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THE YEAR IN BRIEF
Volito Ab 2022
At year-end, Volito’s adjusted equity amounted to SEK 4 949.9 million, which represents a 15% reduction on the previous year. The reduction is mainly attributable to the year’s volatile stock market. During the period 2020-2022, the first three years of Volito’s five-year expansion plan, the average annual increase in adjusted equity was 8.1%. Despite a volatile wider world, Volito reports a continued strong financial position, expansion according to plan and continued positive development in all business areas. Volito is prepared to address the business climate with unchanged targets for continued long-term sustainable expansion.
Business Area Real Estate 2022
Volito Fastigheter faced challenges in the form of reduced market values, higher interest rates and increased costs, but the year also brought good demand, positive development of rental revenue and strategic recruitment. Volito Fastigheter continues to have high growth targets and investments in sustainable property development are continuing. The market value of Volito’s investment properties decreased by SEK 81.0 million and together with the year’s investments of SEK 16.7 million this amounted to an unrealised change in value of SEK -97.7 million.
Business Area Industry 2022
Volito Industry, despite challenges such as supply disruptions, rising inflation and increased costs, carried out two acquisitions, further strengthened its market position and considerably improved its turnover. Volito Industry is well prepared for continued long-term sustainable expansion and transformation. The EBITDA for 2022 was SEK 76.0 million (35.0).
Business Area Portfolio Investments 2022
Volito’s portfolio investments – consisting of Peab AB (publ), Annehem Fastigheter AB (publ), Bulten AB (publ), EQT AB (publ) and EQT’s funds – showed good development overall with good individual financial results. Notwithstanding value reductions, which are mainly attributable to the volatile stock market, each of the portfolio companies is characterised by healthy business operations and a good financial position.
