Diös Fastigheter’s Interim Report Jan-Sep 2020
While remaining mindful of the ongoing situation, I am proud to note that our drive and energy were crucial to the achievement of a strong result for the third quarter. Net letting of SEK 42 million for the quarter, and SEK 13 million for the period, is a good gauge of our activities and our stable market. Demand for offices in attractive locations remains strong, as also for housing, and we see good opportunities to strengthen our position and conclude further profitable deals in this segment.
- Income increase was 1 per cent and totals SEK 1,406 million (1,386)
- Property management income increase was 1 per cent and totals SEK 729 million (721)
- Unrealized changes in property values amounted to SEK -131 million (256) and for
derivatives to SEK 2 million (1)
- Profit after tax was SEK 475 million (792)
- Earnings per share were SEK 3.55 (5.83)
− No one is unaffected by the pandemic. As existing trends accelerate and new trends arise the challenge is to continue working towards our goals, efficiently and with boldness. We have delivered a strong result for the third quarter and an increase in net leasing. Looking ahead, we see many opportunities to create long-term value for our cities, tenants and shareholders, says Knut Rost, CEO.
For further information, please contact:
Knut Rost, CEO Diös Fastigheter
Phone: +46 (0)10-470 95 01
Rolf Larsson, CFO Diös Fastigheter
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 October 23, 2020.
Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth cities. With a market value of approx. SEK 23.8 billion, a portfolio of 335 properties and a lettable area of 1,480,000 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