* Income totalled SEK 298 million (330)
* Net profit amounted to SEK 72 million (300), corresponding to SEK
0.44 per share (1.80)
* Surplus in the operations, i.e. rental income less operating and
central costs, increased by 8 per cent
* The occupancy rate rose to 89 per cent (88) and has thus increased
for six consecutive quarters.
2008 2007
Net profit for the period, SEKm Jan-Mar Jan-Mar
Rental income 285 281
Other income 13 49
Operating and central costs -131 -139
Net financial income -81 -71
Profit excluding changes in value and tax 86 120
Changes in value 19 297
Deferred tax -33 -117
Net profit 72 300
President's statement
Net moving in at a high level!"The high level of net moving in that the company had during 2007,
has continued during 2008. The positive net moving in of SEK 13
million is the result of long-term work, where our local presence and
good customer relation play a crucial part.
One-off effects of over SEK 30 million, and positive changes in value
of almost SEK 300 million, during the first quarter of last year have
had no equivalent this year, which is the explanation for the
difference in the result between the years.
We are still receiving a large number of enquiries, although we can
discern some slackening off at a couple of our units. Rental levels
are rising and we can also at the same time note that current rent
levels are still low in relation to rental levels in newly-produced
premises", says Klövern's CEO Gustaf Hermelin.
Nyköping, 24 April 2008
Klövern AB (publ)
For further information, please contact:
Gustaf Hermelin, CEO, tel +46 155-44 33 10, +46 70-560 00 00,
gustaf.hermelin@klovern.se
Caesar Åfors, CFO and vice-President, tel +46 155-44 33 02, +46
70-662 48 48, caesar.afors@klovern.se
Britt-Marie Einar, Finance and Information Manager, tel +46 155-44 33
12, +46 70-224 29 35,
britt-marie.einar@klovern.se
Klövern is a real estate company committed to working closely with
customers to meet their needs of premises and services in Swedish
growth regions. Klövern has geographical units in ten
cities/locations: Borås, Karlstad, Kista, Linköping, Norrköping,
Nyköping, Täby, Uppsala, Västerås and Örebro. As at 31 March 2008,
the value of the properties totals SEK 12.1 billion and the rental
value on an annual basis is SEK 1,291 million. The Klövern share is
listed on OMX Nordic Exchange in Stockholm for medium-sized
companies.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden Tel +46
155-44 33 00, Fax +46 155-44 33 22.
Reg.no 556482-5833 * Registered office: Nyköping * Website:
www.klovern.se
