Profit after net financial income and expense increased by 55 per cent to SEK 274.3 million

Profit after net financial income and expense increased by 55 per cent to SEK 274.3 million · Profit after net financial income and expense for the period amounted to SEK 274.3 million (176.5). Items affecting comparability are included to the amount of SEK 25.7 million (18.1). · Profit after tax totalled SEK 203.1 million (128.7). · Net rents from property management increased by 12.8 per cent compared with the preceding year and the gross profit by 34.1 per cent, or 17.4 per cent excluding costs for special projects. · Danske Bank is the new tenant at Norrmalmstorg 1 and will take up occupancy at the turn of the year 2003/2004. Stockholm, August 26, 2002 HUFVUDSTADEN AB (publ) Ivo Stopner President Enclosure: Interim Report, January - June, 2002. Questions will be answered by Ivo Stopner and Magnus Jacobson, telephone +46 8-762 90 00 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/08/26/20020826BIT00300/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2002/08/26/20020826BIT00300/wkr0002.pdf The Full Report

About Us

Hufvudstaden provides office and retailing premises in prime locations in Stockholm and Gothenburg. The Company was founded in 1915 and is today one of Sweden's largest listed property companies and one of the strongest brands in the country in the property sector.

Subscribe