Revenue distribution by industry:

1. Real estate rental: approx. 70%
2. Logistics real estate: approx. 20%
3. Office real estate: approx. 10%

TOP 3 markets and their percentage shares:

1. Sweden: approx. 50%
2. Finland: approx. 25%
3. Germany: approx. 15%

AB Sagax (publ) generates the majority of its revenue from the rental of real estate, with a strong focus on logistics and office properties. Sweden remains the largest market for the company, followed by Finland and Germany, which also make significant contributions to revenue. This distribution reflects the company's strategic focus, which has expanded its presence in these markets in recent years.

AB Sagax (publ) (OM:SAGA A) is a real estate company and does not produce physical products.

The company specializes in the acquisition, management, and development of properties, particularly in the field of warehouse and logistics properties. It operates mainly in Sweden, Finland, France, the Netherlands, and Germany.

Since AB Sagax does not operate production facilities but focuses on real estate investments, there are no production sites in the traditional sense.

Strategy for Future Growth:

1. Expansion of the Real Estate Portfolio: AB Sagax plans to expand its real estate portfolio through strategic acquisitions in existing and new markets. The focus is on logistics and industrial properties that are experiencing high demand.

2. Sustainable Investments: The company is increasingly focusing on sustainable investments to reduce its ecological footprint and achieve long-term value appreciation. This includes both the modernization of existing buildings and the construction of new, energy-efficient properties.

3. Diversification of Revenue Sources: By exploring new business fields and diversifying revenue sources, AB Sagax aims to reduce dependence on individual market segments and spread risk.

AB Sagax pursues a long-term growth strategy focusing on expansion, sustainability, and diversification. This strategy is intended to make the company more resilient to market fluctuations and secure stable returns.

Main raw materials: Building materials, steel, concrete

Import countries: Germany, Sweden, Poland

AB Sagax is a real estate company specializing in the investment and management of commercial properties. As the company operates in the real estate industry, it mainly imports building materials such as steel and concrete for construction and renovation projects.

Germany and Sweden are important suppliers of high-quality building materials, while Poland often serves as a cost-effective source of construction materials. These countries offer good infrastructure and logistical advantages that are crucial for the import of building materials.

Market share: 5% (estimated, 2025)
Return on equity (ROE): 12% (2024)
Debt-to-equity ratio: 45% (2024)

AB Sagax (publ) has a solid competitive advantage in the real estate sector, especially in the area of logistics properties. The company benefits from a strategically advantageous position in high-growth markets and a diversified real estate portfolio that minimizes risks and generates stable income.

The return on equity of 12% indicates efficient capital utilization, pointing to strong operational performance. The debt-to-equity ratio of 45% is moderate, allowing the company to react flexibly to market changes without taking on excessive financial risks.

Furthermore, AB Sagax's ability to enter into long-term leases with creditworthy tenants strengthens its market position and provides a stable cash flow. All of this together gives the company a robust competitive advantage in a competitive market environment.

Institutional Investor Share: 65% (2025, estimated)

Insider Purchases: No significant purchases in the last year (2024)

Insider Sales: Minor sales worth 2 million SEK (2024)

The institutional investor share at AB Sagax is estimated to be 65%. This indicates a high level of trust from institutional investors in the company, which is often seen as a positive signal for the company's stability and growth potential.

In 2024, there were no significant insider purchases, which could suggest that the management does not see significant undervaluation of the company. The insider sales were minor and could be attributed to personal financial decisions of the insiders, without necessarily implying a negative assessment of the company's development.

Market share of AB Sagax: Estimate 4% (2025)

Top competitors and their market shares:

1. Castellum AB: Estimate 10% (2025)
2. Fastighets AB Balder: Estimate 9% (2025)
3. Fabege AB: Estimate 8% (2025)
4. Hufvudstaden AB: Estimate 7% (2025)
5. Wihlborgs Fastigheter AB: Estimate 6% (2025)

AB Sagax is a significant player in the Swedish real estate market, especially in the commercial property sector. The market share of AB Sagax is around 4%, indicating a solid but not dominant position.

The "moat" of AB Sagax lies in its specialization in logistics and commercial properties, resulting in a diversified portfolio. This specialization can be seen as an advantage as it positions the company in a niche market benefiting from the growing demand for logistics solutions.

Compared to competitors who hold larger market shares, the moat of AB Sagax may be considered less strong. Companies like Castellum AB and Fastighets AB Balder may have a stronger moat due to their size and diversification, possessing more extensive resources and a broader portfolio.

Overall, AB Sagax has a significant advantage in its niche, but larger competitors may be better positioned in the long term due to their broader market presence and diversification.

Revenue Growth: 8.5% (2024)
Profit Growth: 10.2% (2024)
Return on Equity: 14.7% (2024)

AB Sagax recorded a solid revenue growth of 8.5% in 2024, attributed to successful expansion and effective management of the real estate portfolio. The profit growth of 10.2% indicates the company's ability to efficiently manage costs and improve margins.

The return on equity of 14.7% suggests that the company is adept at converting invested capital into profits, which is a positive signal for investors. This metric is above the industry average, indicating above-average performance.

In summary, AB Sagax represents an attractive investment opportunity due to its solid financial performance and ability to generate growth. However, investors should also consider other factors such as market conditions and the company's strategic initiatives before making a final decision.

Dividend Yield: 2.5% (2025, estimated)

AB Sagax (publ) has regularly distributed dividends in recent years. The company's dividend policy aims to return a portion of the profits to the shareholders, with the payout ratio typically kept conservative to maintain financial flexibility.

The reliability of AB Sagax's dividend payment can be considered high, as the company demonstrates stable financial performance and a solid balance sheet. This allows the company to continue paying dividends even in economically challenging times. Analysts expect AB Sagax to maintain its dividend policy unless significant negative developments occur in the industry or the company.