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Train Alliance: Divestment drives earnings in the quarter - SEB

Q2 came in above our expectations driven by the divestment of “Riksterminalerna” in Sigtuna to Polarstructure AB, which realised SEK 66m in profit in Q2 and another SEK 50m is due in Q3 2022. The transaction supports positive earnings revisions. We believe that strong growth in rail transportation, Train Alliance’s (TA) deep competence in railways and its unique land asset will create value for many years to come.

Q2 came in above our expectations driven by the divestment of “Riksterminalerna” in Sigtuna to Polarstructure AB, which realised SEK 66m in profit in Q2 and another SEK 50m is due in Q3 2022. The transaction supports positive earnings revisions. We believe that strong growth in rail transportation, Train Alliance’s (TA) deep competence in railways and its unique land asset will create value for many years to come.
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