Wihlborgs’ Year-end report 2011
- Result for the year was SEK 665m (922), per share 8.65 (12.05)
- The Board proposes a dividend of SEK 3.75 (3.50)
- Rental income increased by 12 per cent to SEK 1,445m (1,294)
- Operating surplus increased by 13 per cent to SEK 1,042m (921)
- Income from property management increased by 9 per cent to SEK 656m (604).
“We see no signs of a downturn in the rental market. Demand for good premises remains strong in Malmö, Lund and Helsingborg”, says CEO Anders Jarl of Wihlborgs Fastigheter. “The net rental surplus continues to be positive, with SEK 66 million for the full year 2011 of which SEK 3 million for the fourth quarter”.
”Our business continues to grow, income from property management was SEK 656 million and profit from project development totalled SEK 300 million in 2011”, says Anders Jarl.
”Wihlborgs’ Board proposes an increased share dividend of SEK 3.75 at the AGM on 26 April. The proposal will mean an increase of 7.1 per cent”, concludes Anders Jarl.
Wihlborgs Fastigheter AB (publ)
Presentation of the report
CEO Anders Jarl will present the year-end report in English today at 13:15. Teleconf. SE: +46 (0)8 50626937 UK: +44 (0) 2071086303.
Link to the webcast. More information is available on www.wihlborgs.se or www.financialhearings.com. PowerPoint presentation is available on Wihlborgs’ web the same day at 09:30.
This is information that Wihlborgs must publish in accordance with the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act.
The information was submitted for publication on Tuesday, 7 February at 07:30.
Contact information
Anders Jarl, CEO, +46 (0)40-690 57 10, +46 (0)733-71 17 10
Christer Johansson, CFO, +46 (0)40-690 57 06, +46 (0)733-71 17 06