Interim Report January – September 2012
- Gross profit from property management increased by 16 per cent and amounted to SEK 800 million (692), due mainly to higher rents and additional space following acquisitions and property investments.
- Profit after tax for the period was SEK 793 million (1,010), equivalent to SEK 3.84 per share (4.89). The fall can be attributed to a lower increase in the value of the property holdings.
- The fair value of the property holdings was set at SEK 22.8 billion (22.3 at the turn of the year).
- The net asset value amounted to SEK 77 per share (76 at the turn of the year).
- The equity ratio was 55 per cent (56), the net loan-to-value ratio was 18 per cent (17) and the interest coverage ratio multiple was 6.4 (6.8).
- Consolidated net revenue amounted to SEK 1,144 million (1,058), an increase of 8 per cent.
- The rental vacancy level at the period-end was 4.0 per cent (3.9 at the turn of the year).
- Hufvudstaden has the most satisfied office tenants according to the Fastighetsbarometern Satisfied Customer Survey.
Stockholm, November 19, 2012
HUFVUDSTADEN AB (publ)
Ivo Stopner
President
Appendix: Interim Report January – September 2012
The information in this Interim Report is information that Hufvudstaden AB (publ) is obliged to publish according to the Securities Market Act and/or the Financial Instrument Trading Act. The information was published on November 19, 2012.
Questions can be answered by Ivo Stopner, President, or Magnus Jacobson, Head of Finance, telephone +46 (0)8-762 90 00.