Tribona ASA : First quarter results 2013


  • Net operating income of SEK 111.4m (111.4)
  • EBVAT SEK 46.0m (56.0)
  • Cash flow from operations of SEK 58.2m (54,9)
  • Finalized refinancing of all existing loans with new average loan duration of 3.3 years (1.0) and loan to value of 65.1% (67.9)
  • Changed name from NLP ASA to Tribona ASA, and adopted merger plan with 100 % owned Tribona AB (Publ). as part of change to NASDAQ OMX Stockholm
  • Process of listing at NASDAQ OMX Stockholm progress according to plan

CEO Peter Strand comments:"The beginning of 2013 has been really eventful. We have in the period finalized our refinancing with an average loan duration of 3.3 year per closing date which creates possibilities to build a bigger pure play logistic property company. We have also changed our name to Tribona and continued our work with the planned change of listing to Nasdaq OMX Stockholm."

Material

Quarterly report and presentation material will be available on www.tribona.se and www.newsweb.no before presentation.

Presentation

Tribona ASA will release its first quarter results for 2013 today, 18 April 2013. In connection with this, the company will give a presentation at Felix konferenscenter, Aker Brygge, Oslo 08:30 CET.

Peter Strand, CEO and Tommy Åstrand, CFO will represent the company.

Webcast

The presentation will also be broadcasted live on the company's investor website: www.tribona.se. Questions to the management can be sent online from the webcast during the presentation. A recorded version of the presentation will also be available on www.tribona.se after the broadcast has concluded. The presentation will be held in Swedish

For further information:

Peter Strand, CEO: +46 705 88 1661, e-mail: peter.strand@tribona.se
Tommy Åstrand, CFO: +46 705 45 5997, e-mail: tommy.astrand@tribona.se

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


 

About Tribona

Tribona, formerly Northern Logistic Property ASA (NLP), is Sweden's largest pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 19 in Sweden and one in Denmark, with a total lettable area of about 734 000 square meters. For more information, please visit www.tribona.se


Q1 2013
Presentation Q1 2013