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)

“Once again, performance was up for almost every key indicator in the second quarter of 2015”, says Anders Jarl CEO of Wihlborgs Fastigheter. “We posted the highest ever rental income, the highest ever operating surplus and the highest ever income from property management that we have ever been able to report for a single quarter.”

“Net lettings totalled SEK 23 million in the second quarter and we thereby succeeded in recovering the ground lost in the first quarter. Total net lettings for the first six months were up SEK 2 million”, continues Anders Jarl.

“We assess growth in our markets as healthy and our project portfolio guarantees our ability to continue growing”, concludes Anders Jarl.

Wihlborgs Fastigheter AB (publ)

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 25.1 billion. The annual rental value of the properties is SEK 2.1 billion.

Wihlborgs shares are quoted on Nasdaq OMX Nordic, Mid Cap.