Diös Fastigheter Interim report Jan-Jun 2017

Earnings-wise, 2016 was the strongest year in our history, and it is now clear that the first half of 2017 has started on an even stronger note. A strong commercial focus, positive effects from a large of new and good lets as well as the acquisitions that we made in the spring have improved our property management income, paving the way for further growth.

  • Rental income for the period amounted to SEK 832 million (661)

  • Property management income amounted to SEK 403 million (259)

  • Unrealized changes in property values amounted to SEK 302 million (50) and for derivatives to SEK 14 million (47)

  • Profit after tax was SEK 581 million (337)

  • Earnings per share were SEK 4.46 (3.47)

- We want to enable our tenants and ourselves to grow by engaging in urban development. Diös has taken the step to the next level. I am convinced that by focusing on growth and continuing to drive new deals we will continue to improve our profitability and generate higher returns for our shareholders, says Knut Rost, CEO Diös Fastigheter.

For further information, please contact:

Knut Rost, CEO Diös Fastigheter
Phone: +46 (0)10-470 95 01
E-mail: knut.rost@dios.se

Rolf Larsson, CFO Diös Fastigheter
Phone: +46 (0)10- 470 95 03
E-mail: rolf.larsson@dios.se

This information is information that Diös Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on 7 July 2017.

Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth areas in northern Sweden. With a market value of approx. SEK 19 billion, a portfolio of 347 properties and a lettable area of 1,580,000 sq.m, our vision is to be the most active and sought-after landlord in our market. The properties are located from Borlänge to Luleå with its head office in Östersund. The company has since 2005 had a continuous growth in value in the property portfolio and the share is listed on Nasdaq OMX Stockholm, Mid Cap. Learn more about Diös on www.dios.se 

Tags:

About Us

Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth areas in northern Sweden. With a market value of approx. SEK 19 billion, a portfolio of 347 properties and a lettable area of 1,580,000 sq.m, our vision is to be the most active and sought-after landlord in our market. The properties are located from Borlänge to Luleå with its head office in Östersund. The company has since 2005 had a continuous growth in value in the property portfolio and the share is listed on Nasdaq OMX Stockholm, Mid Cap. Learn more about Diös on www.dios.se

Subscribe

Quotes

We want to enable our tenants and ourselves to grow by engaging in urban development. Diös has taken the step to the next level. I am convinced that by focusing on growth and continuing to drive new deals we will continue to improve our profitability and generate higher returns for our shareholders
Knut Rost, CEO