Diös Fastigheter Interim report Jan-Sep 2017

Diös continues to report strong earnings. Cash flow has increased as a result of a high level of activity in lettings. This has led to higher revenues, which creates growth and ensures a continued high dividend yield for our shareholders.

  • Rental income for the period amounted to SEK 1,263 million (992)

  • Property management income amounted to SEK 625 million (406)

  • Unrealized changes in property values amounted to SEK 335 million (157) and for derivatives to SEK 21 million (74)

  • Profit after tax was SEK 773 million (566)

  • Earnings per share were SEK 5.87 (5.87)

- The property industry is facing many challenges, and I believe the key factors for meeting these challenges is that we listen to our tenants, and that we create products, services and solutions that meet their changing requirements. Our focus on urban development, deals and relationships is aimed at enabling our tenants to grow while building a foundation for our own continued success, 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. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on 25 October 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 339 properties and a lettable area of 1,550,000 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

The property industry is facing many challenges, and I believe the key factors for meeting these challenges is that we listen to our tenants, and that we create products, services and solutions that meet their changing requirements. Our focus on urban development, deals and relationships is aimed at enabling our tenants to grow while building a foundation for our own continued success.
Knut Rost, CEO