STOCKHOLM, Sweden, Oct. 24, 2003 (PRIMEZONE) -- Hufvudstaden:
-- Profit after tax amounted to SEK 294.5 million (274.2).
-- Concluded tax audit gives positive tax effect of SEK 60 million.
-- Excluding costs for special projects, gross profit from property
management increased by 3.8 per cent to SEK 566.8 million (546.3).
-- Net sales for the Group amounted to SEK 1,006.2 million (1,005.9).
-- The rental vacancy level, excluding the property project
Norrmalmstorg 1, was 6.3 per cent (6.7 at the turn of the year).
Vacancies are expected to increase during the remainder of the year.
-- Profit per share was SEK 1.41 (1.30).
Stockholm, October 24, 2003
HUFVUDSTADEN AB (publ)
Ivo Stopner President
Enclosure: Interim report January-September 2003
For further information, please contact Ivo Stopner, President, or Magnus Jacobson, CFO, telephone +46 (0)8-762 90 00.
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http://www.waymaker.net/bitonline/2003/10/24/20031024BIT00750/wkr0001.doc
http://www.waymaker.net/bitonline/2003/10/24/20031024BIT00750/wkr0002.pdf
http://www.waymaker.net/bitonline/2003/10/24/20031024BIT00750/wkr0003.doc
Interim Report Jan-Sep 2003
http://www.waymaker.net/bitonline/2003/10/24/20031024BIT00750/wkr0004.pdf
Interim Report Jan-Sep 2003