Diös Fastigheter’s Interim report Jan-Sep 2019
Our property management income increased by 8 per cent and our investment volume has continued to rise. Net leasing was strong, totalling SEK 18 million in the third quarter and SEK 31 million for the period. Through our clear strategy and strong local teams, we have established a unique position that leads to continued successes.
- Rental income increase was 2 per cent and totals SEK 1,386 million (1,363)
- Property management income increase was 8 per cent to SEK 721 million (669)
- Unrealized changes in property values amounted to SEK 256 million (327) and for derivatives to SEK 1 million (16)
- Profit after tax was SEK 792 million (890)
- Earnings per share were SEK 5.83 (6.59)
− We are creating growth and are also generating a strong and stable cash flow. Our share price performance in the third quarter shows that these qualities are appreciated by the market. We have the courage to think new by using new technological solutions and engaging in new partnerships. Add to that the fact that we are creating new revenue streams through ancillary services and new business concepts, and the future looks very exciting, says Knut Rost, CEO.
For further information, please contact:
Knut Rost, CEO, Diös
Phone: +46 (0)10-470 95 01
Rolf Larsson, CFO, Diös
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 07:00 CEST on 25 September 2019.
Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth cities. With a property value of SEK 22.3 billion, a portfolio of 331 properties and a lettable area of 1,473,000 sq.m, our vision is to create the most inspiring cities in Sweden. The market extends from Borlänge to Luleå, and the company’s head office is in Östersund. Since it started in 2005, the company has had continuous growth in the value of its property portfolio and its shares are listed on NASDAQ OMX Stockholm, Mid Cap. Find out more about Diös at www.dios.se
Diös Fastigheter AB (publ), Box 188, SE-831 22 Östersund | Phone: +46 770-33 22 00, email@example.com, www.dios.se | Corp Id: 556501-1771