Reported to the OMX The Nordic Exchange via StockWise on 31 March 2008
Summary:
Unatisfactory profit for the Company,
Landic Property Bonds VIII (Sverige II) A/S
(former Keops EjendomsObligationer VIII (Sverige II) A/S)
The loss for the financial period 1 October 2006 - 31 December 2007 amounts to
DKK -16,8 million before tax. Profit before tax and before value adjustments
amounts to DKK 37.7 million which is slightly lower than expected.
Value adjustments of investment properties and debt, net contributes by
negative DKK 54.5 million to profit for the period before tax.
Equity amounts to DKK 3.8 million at 31 December 2007 compared to DKK 9.8
million at 30 September 2006. The Supervisory Board expects that the Groups
equity will be re-established through own operations in 2008.
The operations in the Group comprise 83 properties let to public institutions
that ac-count for 80% and one private enterprise accounting for 15%.
The Supervisory Board considers the profit for 2006/07 very unsatisfactory.
Profit before tax and value adjustments is expected to amount to approx. DKK 25
- 28 million in 2008.
Please address questions relating to this Notice to Company Secretary, Klaus T.
W. Lund, on telephone +45 3378 4000.
