Diös Fastigheter Interim report Jan-Mar 2017

Property management income increased by 50 per cent. A larger property portfolio, an organisation that is delivering and a reduced net financial expense will raise our earnings and cash flow to the next level.

  • Rental income for the period amounted to SEK 400 million (331)

  • Property management income amounted to SEK 179 million (119)

  • Unrealized changes in property values amounted to SEK 210 million (10) and for derivatives to SEK 9 million (19)

  • Profit after tax was SEK 326 million (143)

  • Earnings per share were SEK 2.60 (1.48)

- Our results for the first quarter are stronger than ever. The positive trend has continued and our market is showing strength, giving us a good base on which to build. By focusing on deal-making and relations we will continue to create value 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 12:00 CEST on 26 April 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 348 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 

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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

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Quotes

Our results for the first quarter are stronger than ever. The positive trend has continued and our market is showing strength, giving us a good base on which to build. By focusing on deal-making and relations we will continue to create value for our shareholders.
Knut Rost, CEO