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)
”During the second quarter Wihlborgs letting has been extremely strong and new contracts amounted to SEK 60 million”, comments Anders Jarl CEO of Wihlborgs Fastigheter. “As a result, we managed to offset the major lease termination by Malmö University, representing a loss of SEK 30 million. Net letting for the quarter totalled SEK +5 million and for the period SEK 10 million.”
”Despite that economic growth in the region has not yet gained momentum on a larger scale, we can report strong growth in both rental income and operating surplus”, continues Anders.
”With the acquisition of ten properties in the Ideon-area we are taking a firm grip on the market in Lund and will now become the sole property owner of Ideon”, concludes Anders Jarl.
Wihlborgs Fastigheter AB (publ)
Presentation of the Q2 report
At 09.00 (CET) today, CEO Anders Jarl and CFO Arvid Liepe will present the report in English. The presentation can be followed via a webcast or by telephone SE: +46850556477 or UK: +442033645372. More information is available at www.wihlborgs.se or www.financialhearings.com.