Interim report January-September 2006
• Profit after tax was SEK 1,340m (1,256) and earnings per share after dilution were SEK 13.82 (12.91)
• Rental income was SEK 1,799m (2,222)
• Profit after tax for the whole of 2006 is expected to exceed SEK 1,900m
“Occupancy improved by one percentage point to 88 per cent during the third quarter. Since the start of the year, the occupancy rate has thus risen by two percentage points. The rental market has strengthened in our principal markets during the year, gradually leading to reduced vacancy rates,” says Erik Paulsson, Fabege’s CEO.
“Concentration of the company’s operations continued during the third quarter, with the sale of the property stock in Kista and Täby for SEK 4bn. Most of the profit made on the deal will be reported during the fourth quarter,” Paulsson continues.
Fabege AB (publ)
Attachment: Interim report January-September 2006
CEO Erik Paulsson presents the report at Operaterrassen in Stockholm at 12.00 today. The presentation can be followed via www.financialhearings.com.