Catena redefines its regional divisions and publishes supplementary financial disclosures
Catena will redefine its regional divisions as of 1 January 2024 and, thereby, update its segment reporting.
8 November 2023 10:00 a.m. CET
The changes are in line with Catena’s strategy and will increase the opportunities for synergies as the company grows. The company’s property portfolio is geographically spread across Sweden and Denmark, with a focus on metropolitan regions and connections to major transport routes. The new regional divisions will better reflect the locations of all the properties and make the regions in Sweden more uniform in size.
Five regions will be consolidated into four regions as follows:
- Region Sweden South (formerly Region Malmö excluding Denmark, and Region Helsingborg excluding Halmstad) – with Fredrik Renå as Regional Manager
- Region Sweden West (formerly Region Gothenburg, Jönköping and Halmstad) – with Jonas Arvidsson as Regional Manager
- Region Sweden East (formerly Region Stockholm) – with Tobias Karlsson as Regional Manager
- Region Denmark (formerly part of Region Malmö) – Regional Manager to be announced
Due to the resulting changes in segment reporting that will take place as of 1 January 2024, Catena has published some supplementary financial disclosures on its website today https://www.catena.se/en/investors/reports/.
The disclosures, which can be accessed through the above link, pertain to principal KPIs based on the new regional divisions, for the Q1 to Q3 2023 reports and the full-year reports of 2020 to 2022.
For further information, please contact:
Jörgen Eriksson, CEO, Tel. +46 (0)730 70 22 42, email@example.com
Sofie Bennsten, vice CEO and CFO, Tel. +46 (0)730 70 22 41 firstname.lastname@example.org
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