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)

“Our income from property management for the second quarter of SEK 173 million marks a new milestone in Wihlborgs’ history,” says Anders Jarl, CEO of Wihlborgs Fastigheter AB.“An increased operating surplus means that we have managed to match the increase in interest expenses.”

 “The project portfolio is growing, and we’re looking forward to starting our biggest-ever project, the renovation and extension of the Landsdomaren site for Psychiatry Skåne.The project involves 30 000 m2 and an investment of SEK 895 million,” concludes Anders Jarl.

 Wihlborgs Fastigheter AB (publ)

Presentation of the report

Today at 09.00, CEO Anders Jarl will be presenting the report in English via an audiocast.You can follow the presentation via audiocast or phone +46 (0)8 5051 3794.

 Anders Jarl will be presenting the interim report during the Capital Market Days in Båstad on 7-8 July 2011. Live broadcast on 8 July at 11.00. To take part by phone, call +46 (0)8 5051 3643. Further information is available at:www.wihlborgs.se or www.financialhearings.com.