Reports

Annual Report 2017

Wihlborgs Fastigheter AB’s Annual Report is now available on our website www.wihlborgs.se

January-december 2017

New record year for Wihlborgs

• Rental income rose 12 percent to SEK 2,275 million (2,030)
• Operating surplus rose 13 percent to SEK 1,717 million (1,518)
• Income from property management rose 14 percent to SEK 1,179 million (1,035).
• Profit for the period totalled SEK 2,568 million (2,976), corresponding to earnings per share of SEK 33.41 (38.72)
• The Board of Directors proposes a dividend of SEK 6.25 (5.75) per share, and a two-for-one share split

January-September 2017

Wihlborgs continues to accelerate

• Rental income rose 11 percent to SEK 1,665 million (1,505).
• The operating surplus was up 11 percent at SEK 1,256 million (1,134).
• Income from property management improved 13 percent to SEK 863 million (767)
• Profit for the period totalled SEK 1,495 million (1,670), corresponding to earnings per share of SEK 19.45 (21.73).

January-June 2017

Buoyant lettings and growth for Wihlborgs

• Rental income rose 9 percent to SEK 1,087 million (997)
• The operating surplus increased 11 percent to SEK 810 million (733)
• Income from property management improved 12 percent to SEK 551 million (493)
• Profit for the period totalled SEK 892 million (1,383), corresponding to earnings per share of SEK 11.61 (17.99)

January-March 2017

Strong first quarter for Wihlborgs

• Rental income increased 9 percent to SEK 540 million (497)
• Operating surplus rose 9 percent to SEK 388 million (355)
• Income from property management improved 10 percent to SEK 261 million (238)
• Profit for the period totalled SEK 289 million (202), corresponding to earnings per share of SEK 3.76 (2.63)

Annual Report 2016

Wihlborgs Fastigheter AB’s Annual Report is now available on our website www.wihlborgs.se

January-December 2016

Wihlborgs even stronger

• Rental income rose 6 percent to SEK 2,030 million (1,910).
• Operating surplus improved 8 percent to SEK 1,513 million (1,402).
• Income from property management increased 11 percent to SEK 1,030 million (932)
• Profit for the year totalled SEK 2,976 million (2,278), corresponding to earnings per share of SEK 38.72 (29.64).
• The Board of Directors proposes a dividend of SEK 5.75 (5.25)

January-September 2016

Wihlborgs’ earnings keep growing

• Rental income rose 5 percent to SEK 1,505 million (1,435).
• Operating surplus improved 6 percent to SEK 1,134 million (1,065).
• Income from property management increased 8 percent to SEK 767 million (711).
• Profit for the period totalled SEK 1,670 million (1,343), corresponding to
  earnings per share of SEK 21.73 (17.47).

January-June 2016

Wihlborgs passes the 30-billion mark

• Rental income increased by 5 percent to SEK 997 million (950)
• Operating surplus increased by 6 percent to SEK 731 million (689)
• Income from property management increased by 9 percent to SEK 491 million (452)
• Result for the period amounts to SEK 1,383 million (961), corresponding to earnings per share of SEK 17.99 (12.50)

January-March 2016

Wihlborgs makes a strong start to the year

• Rental income increased by 6 percent to SEK 497 million (470)
• Operating surplus increased by 7 percent to SEK 354 million (332)
• Income from property management increased by 12 percent to
  SEK 237 million (212)
• Result for the period amounts to SEK 202 million (315), corresponding to earnings per share of SEK 2.63 (4.10)

Sustainability Report 2015

The sustainability work is more integrated into the business operations.
Reduced energy consumption by 4 percent even though the lettable area increased, continual work with environmental certification of properties, continued low absence due to illness and a high ranking on the AllBright list − all this and much more is presented in Wihlborgs’ Sustainability Report for 2015.

Wihlborgs Annual Report 2015

Wihlborgs Fastigheter AB’s Annual Report is now available on our website,
www. wihlborgs.se.

Wihlborgs stronger than ever

• Rental income rose 3 percent to SEK 1,910 million (1,856)
• Operating surplus rose 3 percent to SEK 1,402 million (1,357)
• Income from property management rose 11 percent to SEK  932 million (839)
• Profit for the year totalled SEK 2,278 million (395), corresponding to earnings per share of 29.64 SEK (5.14)
• The Board of Directors proposes a dividend of SEK 5.25 (4.75)

Wihlborgs' strongest quarter thus far

• Rental income increased by 3 percent to SEK 1,435 million (1,388)
• Operating surplus increased by 4 percent to SEK 1,065 million (1,025)
• Income from property management increased by 11 percent to SEK 711 million (639)
• Result for the period amounts to SEK 1,343 million (190), corresponding to earnings per share of SEK 17.47 (2.47)
• For the full year 2015 income from property management, including payments for early lease termination, is anticipated to exceed SEK 960 million (888).

Wihlborgs raises performance again

• Rental income increased by 2 percent to SEK 950 million (930)
• Operating surplus increased by 3 percent to SEK 689 million (671)
• Income from property management increased by 9 percent to SEK 452 million (415)
• Result for the period amounts to SEK 961 million (112), corresponding to earnings per share of SEK 12.50 (1.46)

Wihlborgs makes a positive start to the year

• Rental income increased by 2 percent to SEK 470 million (462)
• Operating surplus increased by 4 percent to SEK 332 million (320)
• Income from property management increased by 10 percent to SEK 212 million (192)
• Result for the period amounts to SEK 315 million (73), corresponding to earnings per share of SEK 4.10 (0.95)

Wihlborgs sustainability report

Our sustainability report for the year 2014 has now been published.

Wihlborgs Annual Report 2014

Wihlborgs raises dividend

• Rental income rose 9 percent to SEK 1,856 million (1,704)
• Operating surplus rose 10 percent to SEK 1,357 million (1,235)
• Income from property management rose 12 percent to SEK 839 million (746)
• Profit for the year totalled SEK 395 million (1,063), corresponding to earnings per share of SEK 5.14 (13.83)
• The Board of Directors proposes a dividend of SEK 4.75 (4.25)

Wihlborgs continues to deliver

• Result for the period amounts to SEK 190 million (892), per share SEK 2.47 (11.61)
• Rental income increases by 11 percent to SEK 1,388 million (1,251)
• Operating surplus increases by 12 percent to SEK 1,025 million (919)
• Income from property management increases by 14 percent to SEK 639 million (561)
•  For the full year 2014 income from property management, excluding payments for early lease termination, is anticipated to exceed SEK 830 million.

Wihlborgs’ growth continues

• Result for the period amounts to SEK 112 million (629), per share SEK 1,46 (8,18)
• Rental income increased by 16 percent to SEK 930 million (800)
• Operating surplus increased by 17 percent to SEK 671 million (575)
• Income from property management increased by 18 percent to SEK 415 million (351).

Wihlborgs off to strong start in 2014

• Result for the period amounts to SEK 73 million (277), corresponding to earnings per share of SEK 0.95 (3.60)
• Rental income increased by 17 percent  to SEK 462 million (396)
• Operating surplus* increased by 18 percent to SEK 320 million (272)
• Income from property management* increased by 17 percent to SEK 192 million (164)

Wihlborgs Annual Report 2013

Another record year for Wihlborgs

• Profit for the year totalled SEK 1,063 million (823), corresponding to earnings per share of SEK 13.83 (10.71)
• The Board of Directors proposes a dividend of SEK 4.25 (4.00)
• Rental income rose 13 per cent to SEK 1,707 million (1,505)
• The operating surplus was up 13 per cent at SEK 1,238 million (1,099)
• Income from property management increased by 9 per cent to SEK 749 million (685)

Wihlborgs showing strong growth and improved earnings

• Result for the period increased to SEK 892 million (445), per share SEK 11.61 (5.79)
• Rental income increased by 11 per cent to SEK 1,254 million (1,125)
• Operating surplus increased by 11 per cent to SEK 922 million (832)
• Income from property management increased by 7 per cent to SEK 564 million (527)
• Income from property management for the full year 2013 is expected to exceed SEK 730 million

Wihlborgs continues to grow

• Result for the period amounts to SEK 629 million (417), corresponding to earnings per share of SEK 8.18 (5.43)
• Rental income increased by 7 per cent to SEK 802 million (753)
• Operating surplus increased by  5 per cent to SEK 577 million (550)
• Income from property managment increased by 2 per cent to SEK 353 million (347)

Wihlborgs Interim report January – March 2013

• Result for the period amounts to SEK 277 million (282), corresponding to earnings per share of SEK 3.60 (3.67)
• Rental income increased by 4 per cent to SEK 397 million (380)
• Operating surplus increased by 2 per cent to SEK 273 million (267)
• Income from property management increased to SEK 165 million (164)

Wihlborgs Year-end report 2012

• Profit for the year amounts to SEK 823 million (665), corresponding to earnings per share of SEK 10.71 (8.65)
• Rental income increased by 4.2 per cent to SEK 1,505 million (1,445)
• Operating surplus increased by 5.5 per cent to SEK 1,099 million (1,042)
• Income from property management increased by 4.4 per cent to SEK 685 million (656)
• The Board proposes a dividend of SEK 4.00 (3.75

Wihlborgs Interim report January – September 2012

• Result for the period amounts to SEK 445 million (505), corresponding
  to earnings per share of SEK 5.79 (6.57)
• Rental income increased by 3.0 per cent to SEK 1,125 million (1,092)
• Continued positive net letting by SEK 30 million
• The operating surplus rose by 4.1 per cent to SEK 832 million (799)
• Income from property management increased by 3.1 per cent to
  SEK 527 million (511)
• For the whole of 2012 the pre-tax income from property management
  is expected to exceed SEK 680 million

Wihlborgs Interim report January – June 2012

• Profit for the period increased by SEK 28 million to SEK 417 million (389), corresponding to earnings per share of SEK 5.43 (5.06)
• Rental income increased 3.6 per  cent to SEK 753 million (727)
• Continued positive net letting amounting to SEK 23 million (59)
• Operating surplus increased 4.8  per cent to SEK 550 million (525)
• Income from property managment  increased 3.6 per cent to SEK 347 million (335)

Wihlborgs Interim report January – March 2012

• Profits for the period rose by SEK 68 million to SEK 282 million (214), per share      SEK 3.67 (2.78)
• Rental income rose 4 percent to SEK 380 million (364)
• Strong net rental surplus during the quarter amounting to SEK 15 million  (3)
• Operating surplus rose 5 percent to SEK 267 million (254)
• Investment profits increased by SEK 2 million to SEK 164 million (162).

Wihlborgs Year-end report 2011

• Rental income increased by 12 per cent to SEK 1,445 million (1,294)
• Operating surplus increased by 13 per cent to SEK 1,042 million (921)
• Income from property managment increased by 9 per cent to SEK 656 million (604)
• The result for the year amounted to SEK 665 million (922), corresponding to earnings per share of SEK 8.65 (12.05)
• The Board proposes a dividend of SEK 3.75 (3.50)

Wihlborgs Interim Report January - September 2011

• Rental income increased by 14 per cent to SEK 1,092 million (957)
• Continued positive net letting by SEK 63 million, of which SEK 4 million during the third quarter.
• Operating surplus increased by 16 per cent to SEK 799 million (689)
• Income from property management increased by 11 per cent to SEK 511 million (460)
• The result of the period is SEK 505 million (574), corresponding to result per share of SEK 6.57 (7.52).
• For the whole of 2011 the pre-tax income from property management is expected to exceed SEK 645 million      (604)

Wihlborgs Interim Report January - June 2011

• The profit for the period increased by SEK 120 million to SEK 389 million  (269), corresponding to earnings per share of SEK 5.06 (3.53)
• Rental income increased by 14  per cent to SEK 727 million (639).
• Operating surplus increased by 16  per cent to SEK 525 million (452).
• Income from property managment  increased by 11 per cent to SEK 335 million (302)

Wihlborgs Interim Report January – March 2011

• Profit for the period increased by SEK 94 million to SEK 214 million (120), and earnings per share rose to SEK 5.57 (3.18).
• Rental income rose 14 percent to SEK 364 million (318).
• Operating surplus increased 17 percent to SEK 254 million (217).
• Income from property management income rose 13 percent to SEK 162 million (144).

Wihlborgs Annual Report 2010

Wihlborgs Year-end report January – December 2010

• The profit for the year increased by SEK 435m to SEK 922m (487), per share SEK 24.11 (13.43)
• The Board proposes a dividend of SEK 7.00 (6.75) and a share split 2:1
• Rental income increased by 5 per cent to 1 294 Mkr (1 236)
• Net operating income increased to SEK 921m (888)
• The profit from property management increased by 12 per cent to SEK 604m (541).

Wihlborgs Interim report January – September 2010

• The profit of the period increased by SEK 214 million to SEK 574 million (360), and earnings per share SEK 15.03 (9.94)
• Continued positive net rentals by SEK 20 million, of which SEK 7 million during the third quarter.
• Rental income increased by 3 per cent to SEK 957 million (928)
• Net operating income increased by SEK 689 million (673)
• Earnings from property management  increased by 14 per cent to SEK 460 million (404)
• The pre-tax profit from property manegment for the whole of 2010 is expected to  exceed SEK 600 million

Wihlborgs Interim report January – June 2010

• The profit of the period increased bySEK 8 million to SEK 269 million (261),and earnings per share SEK 7.07 (7.21)
• Continued positive net rentals bySEK 13 million
• Rental income increased by 3 per centto SEK 639 million (621)
• Net operating income increased by SEK 452 million (443)
• Earnings from property managementincreased by 19 per cent to SEK 302 million (254)

Wihlborgs Interim report January – March 2010

• The profit of the period increased by SEK 39 million to SEK 120 million (81), and earnings per share SEK 3.18 (2.24)
• Newly signed lease agreements corresponding to SEK 46 million (29)
• Rental income increased by 2 per cent to SEK 318 million (311)
• Net operating income increased by SEK 217 million (216)
• Earnings from property management increased by 32 per cent to SEK 144 million (109)
• Equity/assets ratio increased to 30.8 per cent (29.6)

Wihlborgs Year-end report 2009

• The profit of the year increased with SEK 536 million to SEK 487 million (-49), and earnings per share SEK 13.43 (-1.32)
• The Board proposes a dividend of SEK 6.75 (6.50) per share.
• Rental income increased by 6 per cent to SEK 1,236 million (1,168)
• Net operating income increased by 7 per cent to SEK 888 million (832)
• Earnings from property management increased by 20 per cent to SEK 541 million (450).

Wihlborgs Interim report quarter 3 2009

• Rental income increased by 7 per cent to SEK 928 million (869)
• Net operating income increased by 8 per cent to SEK 673 million (623)
• Earnings from property management ncreased by 18 per cent to SEK 404 million (342)
• The profit of the period increased by 17 per cent to SEK 360 million (307), and earnings per share SEK 9,94 (8,21)
• The pre-tax profit from property management for the whole of 2009 is expected to exceed SEK 535 million.

Wihlborgs Interim report quarter 2 2009

• Rental income increased by 7 per cent to SEK 621 million (579)
• Net operating income increased by 8 per cent to SEK 443 million (409)
• The income from property management increased by 12 per cent to SEK 254m (227)
• The result for the period increased by 28 per cent to SEK 261 million (204) and erarings per share SEK 7,21 (5,45)
• New lease agreements amounts to SEK 60 million (61)
• The yield on buildings held for investment purposes is now 7.0 per cent compared with
  6.9 per cent at the year-end.

Wihlborgs Interim report quarter 1 2009

• Rental income increased by 8 per cent to SEK 311 million (287)
• Net operating income increased by 10 per cent to SEK 216 million (197)
• The income from property management  increased to SEK 109 million (108)
• The result of the period was SEK 81 million (117) and earnings per share SEK 2,24 (3,13)
• New lease agreements amounts to SEK 29 million (31)
• The yield on buildings held for investment purposes is now 7.0 per cent compared with 6.9 per cent at the turn of the year

Wihlborgs Year-end report 2008

• Rental income increased by 13 per cent to SEK 1,168 million (1,035)
• Net operating income increased by 15 per cent to SEK 832 million (723)
• Profit from ongoing property management before tax increased to SEK 450 million (444)
• Changes in value of properties and derivatives amounted to SEK -637 million (1,058)
• The result of the year was SEK -49 million (1,114) and earnings per share were SEK -1.32 (29.08)
• New lease agreements amounts to SEK 138 million (111), of which SEK 43 million (14) were signed during the fourth quarter
• The Board proposes a dividend of SEK 6.50 (6.25) per share

Wihlborgs Interim report quarter 3 2008

• The result for the period amounted to SEK 307 million (504) which corresponds to SEK 8,21 per share (13,12)
• Rental income for the period increased to SEK 869 million (765)
• Profit for the period from ongoing property management increased to SEK 246 million (242) 
• Net operating income increased to SEK 623 million (537)
• Value changes in properties amounted to SEK 62 million (330)
• The properties’ yield is 6.5 per cent (6.2)
• Equity/assets ratio amounted to 32.1 per cent (32.6)

Wihlborgs Interim report quarter 2 2008

• The result for the period amounted to SEK 204 million (283) which corresponds to SEK 5.45 per share (7.36)
• Rental income for the period increased to SEK 579 million (510)
• Profit for the period from ongoing property management was SEK 163 million (163)
• Net operating income increased to SEK 409 million (354)
• Value changes in properties amounted to SEK 55 million (128)
• Equity/assets ratio amounted to 32.3 procent (32.6)

Wihlborgs Interim report quarter 1 2008

• Profit after tax SEK 117 million (114), SEK 3.13 (2.97) per share
• Rental income SEK 287 million (248)
• Profit before tax SEK 147 million (132), of which SEK 39 million (28) refers to value changes properties and derivatives
• Equity/assets ratio 33.5 per cent (32.6)
• Yield 6.1 per cent (6.0).

Wihlborgs Year-end report 2007

• The profit of the year amounted to SEK 1,114 million (850) this corresponds to a profit per share of SEK 29.08 (22.12)
• Lease income for 2007 amounted to SEK 1,035 million (909)
• The Board proposes a dividend of SEK 6.25 (5.50) per share
• The leasing level during the year increased by 1 per cent to 93 per cent (92)
• Equity/assets ratio amounted to 32.6 procent (32.7)

Wihlborgs Interim report January – September 2007

• The result for the period increased to SEK 504 million (403) which corresponds to SEK 13.12 per share (10.49)
• Rental income for the period was SEK 765 million (667)
• Pre-tax profi t amounted to SEK 681 million (527), of which SEK 345 million (205) pertains to value changes and derivatives
• New leases have continued to show strong growth and amounted to SEK 97 million
• Equity/assets ratio amounted to 32.9 procent (32.7)

Wihlborgs Interim report January – June 2007

• Profit for the period amounted to SEK 283 million(264), which is the equivalent of a result per  share of SEK 7.36 (6.87)
• Rental income for the period was SEK 510 million(414)
• Pre-tax profit amounted to SEK 368 million (359), of which SEK 142 million (155) pertains to value changes and derivatives
• Profit from ongoing property management was SEK 163 million (147)
• Equity/assets ratio amounted to 32.5 per cent(32.7)

Wihlborgs Interim report January – March 2007

• Profit for the period amounted to SEK 114 million (81), which is the equivalent of a result per share of SEK 2.97 (2.11)
• Rental income for the period was SEK 248 million (190)
• Pre-tax profit amounted to SEK 132 million (104), of which SEK 28 million (17) pertains to value changes and derivatives
• Profit from ongoing property management was SEK 75 million (63)
• Equity/assets ratio amounted to 33.9 per cent (32.7)

Wihlborgs Year-end report 2006

• Profit after tax increased to SEK 850 million (470), which is the equivalent of a result per share of SEK 22.12 kr (12.33)
• Rental income increased to SEK 909 million (736)
• Equity/assets ratio amounted to 32.7 per cent (34.8)
• The Board of Directors are proposing a dividend of SEK 5.50 (3.50) per share, which is an increase of 57 per cent since      last year

Wihlborgs Interim report January-September 2006

• Profit for the period amounted to SEK 403 million(314), which is the equivalent of a result per shareof SEK 10,49 (8,26)
• Rental income for the period was SEK 667 million546)
• Rental income for the period was SEK 667 million(546).
• Pre-tax profit amounted to SEK 527 million (435), ofwhich SEK 10 million (7) pertains to profit property
  sales and SEK 195 million (200) to value changes properties.
• Properties for SEK 3 378 million have been acquired.
• Equity/assets ratio amounted to 29,3 (34,8).

Wihlborgs Interim report January-June 2006

• Profit after tax SEK 264 million (243), SEK 6.87 (6.42) per share.
• Rent income SEK 414 million (361)
• Profit, current management SEK 147 million (104)
• Pre-tax profit SEK 359 (330)
• Property acquisition SEK 2 896 million
• Solidity 26.9 per cent (32.5)

Wihlborgs Interim report January-March 2006

• 
  Profit for the period amounted to SEK 81 million (SEK 61m), which is the equivalent of a result per share of SEK 4,22 (SEK 3,26)
• Rental income for the period was SEK 190 million(SEK 178m)
• Profit for the ongoing prorpetymanagment was SEK 63 million (SEK 48m)
• Pre-tax profi t amounted to SEK 104 million (SEK77m), of which SEK 3 million (SEK 2m) pertains to profi t property sales and SEK 14 million (SEK 9m) to value changes properties
• 
  Equity/assets ratio increased to 35,1 (34,8)

Wihlborgs - The year in summary 2005

• Wihlborgs’ rental income in 2005 was SEK 736 million (SEK 709m pro forma 2004)
• The profit after tax was SEK 470 million (SEK 333m pro forma 2004)
• Earnings per share increased to SEK 24.66 (SEK 17.81 pro forma 2004)
• The Board proposes a dividend of SEK 7.00 (SEK 0 pro forma 2004) per share and a 2:1 share split, i.e. each old share will be replaced by two new shares
• The equity/assets ratio increased to 34.8 per cent (29.5%)

Wihlborgs Year-end report 2005

• Profi t for the year amounted to SEK 470 million (SEK 333m pro forma corresponding to period (2004), which is the equivalent of a result per share of SEK 24,66 (SEK 17,81 pro forma)
• 
  Rental income for the year was SEK 736 million (SEK 709m pro forma)
• Profi t for the year from ongoing property managment was SEK 229 million (SEK 202m pro forma)
• The Board proposes a dividend of SEK 7,00 (0) per  share and a share splitting 2:1, which means that  an old share will be replaced by two new shares.
• Equity/assets ratio increased to 34,8 % (29,5)