Hemnet

Hemnet Group AB (publ) (Hemnet) has today published its Annual and Sustainability Report for 2023 which is available on the company's corporate website hemnetgroup.com in Swedish and in English.

Highlights during the year include:

• Net sales increased by 13.0 percent to SEK 1,004.7m (889.2)
• EBITDA increased 17.3 percent to SEK 525.5m (448.1)
• Operating profit increased 18.7 percent to SEK 448.2m (377.5)
• ARPL, average revenue per published listing, increased 37.1 percent to SEK 4,490 (3,275)
• Total distribution to shareholders of SEK 374.0m, from dividend and share repurchases
• The company has completed a comprehensive mapping of greenhouse gas emissions
• Hemnet's long-term goal of achieving net-zero emissions by 2050 has been approved by the Science Based Targets initiative

Cecilia Beck-Friis, CEO at  Hemnet:

- Reflecting on the past year, I feel immensely proud of what our team has accomplished and the solid results we've delivered, especially considering the challenges faced by the housing market in 2023. We have continued to grow through strong demand from home sellers for our larger marketing packages and additional services, alongside a high pace of product development and ongoing efforts in packaging and pricing. In 2023, we also made significant strides in our sustainability efforts, notably through an ambitious mapping of our greenhouse gas emissions, with one of the highlights being the approval of our long-term climate goals by the Science Based Target initiative.

*****************************************
 

For more information, please contact:

Press enquiries

Staffan Tell, Head of PR
M: +46 733 67 66 85
E: staffan.tell@hemnet.se

IR enquiries
Anders Örnulf, CFO
M: +46 72 732 10 12
E: anders.ornulf@hemnet.se

Nick Lundvall, IR Manager & Head of Corporate Development
M: +46 76 145 21 78
E: nick.lundvall@hemnet.se

This is information that Hemnet Group AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 08:00 CET on 3 April 2024.

About Hemnet

Hemnet operates the leading property platform in Sweden. The company emerged as an industry initiative in 1998 and has since transformed into a "win-win" value proposition for the housing market. By offering a unique combination of relevant products, insights and inspiration, Hemnet has built lasting relationships with buyers, sellers, and agents for more than 20 years. Hemnet shares a mutual passion for homes with its stakeholders and is driven by being an independent go-to-place for people to turn to for the various housing needs that arise through life. This is mirrored in the Company’s vision to be the key to your property journey, supplying products and services to improve efficiency, transparency and mobility on the housing market. Hemnet’s is listed on Nasdaq Stockholm (‘HEM’).

Follow us: hemnetgroup.com / Facebook / X / LinkedIn / Instagram