STOCKHOLM, Sweden, Aug. 27, 2003 (PRIMEZONE) -- Hufvudstaden:
- Profit after tax amounted to SEK 162.3 million (203.1). The decrease can be attributed to costs for the special projects at NK Stockholm and at Norrmalmstorg 1, as well as a non-recurring payment from Alecta the previous year.
- Excluding costs for special projects, gross profit from property management increased by 2.4 per cent to SEK 378.6 million (369.8).
- Net sales for the Group amounted to SEK 674.9 million (684.7) during the period.
- The rental vacancy level, excluding the project property Norrmalms- torg 1, was 6.3 per cent (6.7 at the turn of the year).
- Profit per share was SEK 0.77 (0.96).
- 5.0 million A-shares have been bought back, equivalent to 2.4 per cent of the total number of outstanding shares.
For further information, please contact: Ivo Stopner, President or Magnus Jacobson, CFO telephone +46 (0)8-762 90 00.
This information was brought to you by Waymaker http://www.waymaker.net Enclosure: Interim Report January - June 2003:
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