Interim report January – March 2020

Summary January-March 2020

• Rental income increased to SEK 797 million (723).
• Profit from property management increased to SEK 445 million (423).
• Changes in value of properties amounted to SEK 110 million (128) and changes in value of financial instruments to SEK -70 million (-51).
• Profit after tax for the period declined to SEK 364 million (406).
• Market value of investment properties amounted to SEK 57,300 million (49,559).
• During the period eight properties (5) were acquired for SEK 210 million (2,348) and two properties (1) were divested for SEK3 million (58).

“Hemsö’s low-risk business model and the strengths we have built up in the company become clearer in tougher market conditions, such as those brought about by the ongoing COVID-19 pandemic. Hemsö aims to be a long-term property partner to the public sector, and that applies in both good times and bad. Our strategy remains firm and it is important that we maintain business as usual to support

our suppliers, tenants and the public sector”, says Nils Styf.

For more information, please contact:

Nils Styf, CEO                                            +46 8 501 170 01
Rutger Källén, CFO and Deputy CEO       +46 8 501 170 35 

Hemsö is Sweden’s leading private owner of properties for community services. The business is based on owning, managing and developing properties for nursing homes, education, health care and premises for the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund is the majority owner. The total value of Hemsö’s property portfolio is SEK 57.3 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an A rating from Fitch Ratings since April 2020. More information can be found at: www.hemso.se