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Year-end report januari-december 2019

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  • Rental income for the period increased to SEK 4,863 million (3,393)
  • The real letting ratio for housing was 99.1 percent (98.6)
  • Net operating income for the period increased to SEK 2,725 million (1,810)
  • Cleared of unrealised currency effects, profit from property management amounted to SEK 1,426 million (939)
  • Changes in values of properties amounted to SEK 6,517 million (2,744)
  • Profit for the period increased to SEK 6,001 million (3,204)
  • Property acquisitions during the period amounted to SEK 27,859 million (21,696)
  • Profit per ordinary share amounted to SEK 322 (139)

“We are expanding rapidly, but with reflection. As we have chosen to manage our properties with in-house personnel, our values and culture are two of the pillars on which our entire operations rest. With in-house personnel, we own our processes and gain deeper and better insights regarding our buildings and our customers, than we would bringing in external assistance. Our employees’ commitment is the most important driving force”, says Patrik Hall, CEO Heimstaden Bostad.

For further information, please contact:

Patrik Hall, CEO                      +46 705 85 99 56      patrik.hall@heimstaden.com

Arve Regland, CFO                 +47 479 07 700         arve.regland@fredensborg.no

This information is such information that Heimstaden AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation and the Securities Market Act. The information was submitted, through the agency of the above contact persons, for publication on February 14, 2020 at. 09:00 CET.

Heimstaden AB (publ)

Östra Promenaden 7 A, 211 28 Malmö,

Organisationsnummer 556670-0455, Bolagets säte Malmö,

Telefon, växel 0770 – 111 050, www.heimstaden.com,

Heimstaden is a leading real estate company in Europe, with a focus on acquiring, refining, developing and managing housing and premises. Through our values Care, Dare and Share, we create value for our owners and caring homes for our tenants. Heimstaden Bostad has about 54,900 apartments and a property value of approximately SEK 114 billion value. Heimstadens preference share is listed on Nasdaq First North. The head office is located in Malmö. Certified Adviser is Erik Penser Bank aktiebolag, +46 8-463 83 00 and certifiedadviser@penser.se. For more information, see www.heimstaden.com

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