Lund, Sweden, 2015-07-09 08:00 CEST (GLOBE NEWSWIRE) --
TRIBONA AB (PUBL): INTERIM REPORT JANUARY-JUNE 2015
TODAY TRIBONA RELEASES ITS FINANCIAL RESULTS FOR JANUARY-JUNE 2015
HIGHLIGHTS SECOND QUARTER 2015
» Rental income of SEK 98.7m (107.6)
» Net rental income of SEK 76.5m (89.7)
» Cash flow from operations of SEK 33.8m (30.9)
» Unrealised change in fair value properties of SEK 3.6m (-3,1)
» Unrealised fair value interest derivatives of SEK 72.2m (-71.5)
» Earnings per share of SEK 1.7 (-0.8)
» Acquired seven logistics properties with a total property value of SEK 257m
» Signed two new lease agreements in the property Mätaren 6 in Umeå covering 5 095 sq.m. and 1 325 sq.m
» The property Bunkagården Mellersta 1 in Helsingborg has become Green Building-certified
HIGHLIGHTS JANUARY-JUNE 2015
» Rental income of SEK 197.9m (214.8)
» Net rental income of SEK 153.3m (179.8)
» Cash flow from operations of SEK 68.0m (55.6)
» Unrealised change in fair value properties of SEK 0.2m (-149.0)
» Unrealised fair value interest derivatives of SEK 42.4m (-140.4)
» Earnings per share of SEK 1.6 (-4.7)
» Acquired eight logistics properties in Helsingborg and Malmö, witrh a total lettable area of 22 741 sq.m
» Extended lease agreement with Netto in Linköping regarding 15 944 sq.m. with three years to 31 December 2019
» Signed two new lease agreements in the property Mätaren 6 in Umeå covering 5 095 sq.m. and 1 325 sq.m
» Refinanced 85 % of the loan portfolio ahead of schedule
» The property Bunkagården Mellersta 1 in Helsingborg has become Green Building-certified
HIGHLIGHTS AFTER END OF PERIOD
» Signed a new 10 year lease agreement in the property Tågarp 16:17 in Burlöv covering 4 150 sq.m. with a move-in date 1 February 2016
CEO Per Johansson says in a comment:
”Tribona had a satisfactory financial development during the second quarter. Net operating and management income was in line with budget. We continue to see good demand for logistics areas. Satisfying enough, the financial occupancy rate is now 90%, after being 84% in the beginning of the year.”
FOR FURTHER INFORMATION
Per Johansson, CEO: +46 708 17 1363, e-mail: per.johansson@tribona.se
Tommy Åstrand, CFO: +46 705 45 5997, e-mail: tommy.astrand@tribona.se
This information is such that Tribona AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 9 July 2015, 08:00 CET.
ABOUT TRIBONA
Tribona AB (publ) is one of Sweden's largest listed pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 35 in Sweden and one in Denmark, with a total lettable area of about 704.000 square meters. For more information, please visit www.tribona.se
