Interim Report Jan – Jun 2013  -  Higher net operating income and a stronger balance sheet

• Rental income increased to SEK 1,032m (920). The year-on-year change was due to growth through positive net lettings and completed projects.
• Realised and unrealised value changes amounted to SEK 525m (955) for properties and SEK 417m (100) for fixed-income derivatives.
• Profit from property management increased with 6 per cent to SEK 300m (282).
• The profit for the period before tax amounted to SEK 1,239m (1,327). Profit after tax for the period amounted to SEK 1,031m (-826), corresponding to earnings per share of SEK 6.25 (-5.09).
• Net lettings amounted to SEK 23m (131).

“In conclusion, I am satisfied that all of our business areas contribute to overall earnings. I look forward to an autumn of high activity in which we continue to create value by attracting customers to our properties and projects.”says Christian Hermelin, CEO of Fabege.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8 555 148 29, 46 (0)70 666 13 80

This constitutes information that Fabege AB (publ) may be legally obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 08:00 am CET on 5 July 2013.

Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly on letting and managing office premises and property development. The carrying amount of the company’s property portfolio is approximately SEK 32.2bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.3bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.

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