Diös Fastigheter Interim report Jan-Mar 2018
Rental income continues to increase, the occupancy rate is improving and our financial position is becoming stronger. The loan-to-value ratio is down to 56.7 per cent and the equity ratio has increased to 35.3 per cent.
Rental income increase was 11 per cent and totals SEK 445 million (400)
Property management income was SEK 187 million (179)
Unrealized changes in property values amounted to SEK 109 million (210) and for derivatives to SEK 6 million (9)
Profit after tax was SEK 229 million (326)
Earnings per share were SEK 1,70 (2,60)
- In our priority cities, we strive to be the first choice for tenants by really making a difference. Providing more than just space is becoming increasingly important. We add value by listening to and understanding our tenants and the needs in our cities, along with creating vacancy chains and attractive venues. Sustainable urban development creates growth for us and, ultimately for our shareholders as well, says Knut Rost, CEO.
For further information, please contact:
Knut Rost, CEO Diös Fastigheter
Phone: +46 (0)10-470 95 01
Rolf Larsson, CFO Diös Fastigheter
Phone: +46 (0)10- 470 95 03
This information is information that Diös Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 12:00 CET on 24 April 2018.
Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth areas in northern Sweden. With a market value of approx. SEK 19.7 billion, a portfolio of 337 properties and a lettable area of 1,534,000 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