- After-tax profit for the period improved to SEK 656m (501), corresponding to earnings per share of SEK 4.03 (3.05).
- Profit from the Property Management declined to SEK 270m (391), and rental income declined to SEK 894m (1,025) as a result of net sales of properties and higher market interest rates.
- Earnings before tax from Property Management amounted to SEK 721m (625) and from Property Development to SEK 140m (132).
- Net lettings amounted to 60 Mkr (2).
“The healthy business climate contributed to Fabege’s continued favourable performance, with stronger demand and rising property values,” says Christian Hermelin, Fabege’s CEO.
“ We have ambitious targets and our organisation is fully focused on pursuing a successful letting effort aimed at increasing the occupancy rate and thus cash flow and property values,” Christian Hermelin concludes.
Fabege AB (publ)