Diös Fastigheter Year-end report 2016

Report this content

Diös Fastigheter reported its strongest result to date and major new acquisitions creates new opportunities. The Board proposes a 26 per cent increase in the dividend.

  • Rental income for the period amounted to SEK 1 323 million (1 295)

  • Property management income amounted to SEK 539 million (508)

  • Unrealized changes in property values amounted to SEK 337 million (262) and for derivatives to SEK 91 million (64)

  • Profit after tax was SEK 832 million (542)

  • Earnings per share without regards to the rights issue were SEK 11.04 (7.09)

  • Earnings per share with regards to the rights issue were SEK 8.66 (5.56)

  • The Board proposes an increased dividend by 26 per cent to SEK 269 million (213) or SEK 2,00 per share (2,85)

- The market outlook in our locations is good, there is strong confidence in the future, we have an organization that is clearly moving things forward and we are concluding transactions that will enhance the value of Diös. We have advanced our positions significantly, improving our ability to deliver a high level of service to our tenants and continued robust returns to 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 07:00 CET on 16 February 2017.

Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth areas in northern Sweden. With a market value, after the acquisition from Castellum, of approx. SEK 18 billion, a portfolio of 345 properties and a lettable area of 1,570,000 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 

Tags:

Subscribe

Quotes

The market outlook in our locations is good, there is strong confidence in the future, we have an organization that is clearly moving things forward and we are concluding transactions that will enhance the value of Diös. We have advanced our positions significantly, improving our ability to deliver a high level of service to our tenants and continued robust returns to our shareholders
CEO Knut Rost