Diös Fastigheter’s Year-end Report 2023

In a world affected by inflation, new financial conditions, war, and uncertainty, we deliver our strongest operating surplus in Diös history. The operating surplus amounts to SEK 1,711m and the surplus ratio to 70 percent. Revenues increase on an annual basis by 13 percent, and the occupancy rate is at a record-high of 93 percent.

Fourth quarter of 2023

• Income increased by 14 per cent to SEK 646m (568)
• Operating surplus increased by 20 per cent to SEK 439m (365)
• Property management income increased by 2 per cent to SEK 229 (224)
• Unrealised changes in value of properties were SEK -496m (-367) and unrealised changes of value of derivatives were SEK -505m (-13)
• Profit after tax was SEK -687m (-113)
• Earnings per share were SEK -4.86 (-0.80)

Period Jan-Dec 2023

• Income increased by 13 per cent to SEK 2,504m (2,209)
• Operating surplus increased by 16 per cent to SEK 1,711m (1,469)
• Property management income decreased by 18 per cent to SEK 903m (1,106)
• Unrealised changes in value of properties were SEK -1,393m (-175) and unrealised changes of value of derivatives were SEK -481m (104)
• Profit after tax was SEK -850m (830)
• Earnings per share were SEK -6.01 (5.87)
• The Board of Directors proposes that no dividend be paid for the 2023 financial year

– I view 2024 positively with a more stable financial position, although the general economy will continue to be challenging and there will be uncertainty in the outside world. Towards the end of the year, I believe in a lower interest rate level, which gives us and others a more secure investor market in the property industry. I am convinced that what is going on with the huge investments being made in our market in today’s largest green growth revolution will build Sweden’s economic conditions moving forward. We are involved in creating the conditions for this by creating attractive cities and taking advantage of the business opportunities that accompany new establishments and existing tenants that are growing. We have a strong corporate culture and are well-equipped for the future, says Knut Rost, CEO, Diös.

 Presentation of the report
Today at 09:00 CET, CEO Knut Rost and CFO Rolf Larsson will present the report via a web conference call. The presentation is in English. More information about the conference call is available at: investors.dios.se

This information is information that Diös Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU no 596/2014). The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CET on 16 February 2024.

For further information please contact:

Knut Rost, CEO, Diös
Phone: +46(0)10-470 95 01
E-mail: knut.rost@dios.se

Rolf Larsson, CFO, Diös
Phone: +46(0)10-470 95 03
E-mail: rolf.larsson@dios.se

Diös Fastigheter owns and develops commercial and residential properties in prioritized cities of growth. With a property value of SEK 31 billion, a portfolio of 359 properties and a lettable area of 1,621 thousand sq.m, our vision is to create Sweden’s most inspiring cities. 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, Large Cap. Find out more about Diös at www.dios.se

Diös Fastigheter AB (publ), Box 188, 831 22 Östersund |  Tel: +46 770-33 22 00, info@dios.se, www.dios.se  |  Org.nr: 556501-1771

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