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)
“The figures for 2014 shows that Wihlborgs stands strong”, says Anders Jarl, CEO Wihlborgs Fastigheter. “Income from property management is our best result ever, an increase with 12 percent. Last year we earned SEK 11.55/share in property management and another SEK 2.37/share in project development.”
“This is our tenth annual financial statement and we can conclude that we each quarter throughout the decade succeeded in increasing the operating surplus compared to the same quarter the previous year”, continues Anders Jarl.
“At the Company’s AGM on 29 April, Wihlborgs’ Board of Directors proposes a dividend of SEK 4.75. This corresponds to an increase of 12 percent”, concludes Anders Jarl.
Wihlborgs Fastigheter AB (publ)
Presentation of the report
At 12 noon today, Anders Jarl and Arvid Liepe will present the year-end report at Operaterrassen, Stockholm. The presentation can be followed via a webbcast or by phone SE +46856642664 or UK +442034281402. For more information, go to www.wihlborgs.se eller www.financialhearings.com.
Wihlborgs Fastigheter AB (publ) is a property company that focuses on commercial properties in the Öresund region. Its property portfolio is located in Malmö, Helsingborg, Lund and Copenhagen.
In Malmö, Lund and Helsingborg, Wihlborgs is the leading property company.
The book value for the Company’s properties totals SEK 24.3 billion. The annual rental value of the properties is SEK 2 billion.
Wihlborgs shares are quoted on the Mid Cap List of the OMX Nordic Exchange.