Kungsleden’s third quarter: portfolio modification
• Profit before tax was SEK 420 (354) m and profit after tax was SEK 363 (263) m, equivalent to SEK 19.20 (13.90) per share.• Rental revenues and Kungsleden’s operating surplus increased by 8 (7) per cent and 9 (4) per cent, to SEK 1,112 (1,033) m and SEK 708 (647) m respectively.• In the interim period, 83 properties were divested for SEK 1,767 m, generating profits of SEK 82 m, while 23 properties were acquired forSEK 1,345 m.• Kungsleden is reiterating its forecast of profit before tax of SEK 500 m for the financial year 2004.Kungsleden’s Chief Executive Jens Engwall commented: “