Interim Report January-June 2011

Interim Report January-June 2011

 


  · 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)

For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8 555 148 29, 46 (0)70
666 13 80