Platzer reports most successful year thanks to focus on Gothenburg


·
Rental income increased to SEK 589 million (525)

  ·
Income from property management improved by 26% to SEK 266 million

  ·
Profit for the period amounted to SEK 664 million (298)

  ·
Property portfolio increased in value to SEK 9,784 million (8,343)

  ·
Equity per share totalled SEK 37.05 (30.98)

  ·
Earnings per share amounted to SEK 6.81 (3.11)

  ·
The Board of Directors proposes a dividend of SEK 1.00/share (0.75), an increase
of SEK 33%

  ·
Gamlestadens Fabriker was acquired at a cost of SEK 750 million

  ·
The new construction project Gårda 3:14 was completed

Platzer’s CEO P-G Persson said:

  ·
“2015 was the company's most successful year. Income from property management
increased by 26%. We comfortably achieved our long-term financial targets.
Profitable property transactions, a high pace in lettings and successful project
development, together with lower interest rates and falling yield requirements,
were the primary drivers behind the positive result.”

  ·
“Our property portfolio has grown over the years as we have acquired and
developed properties in selected growth areas in Gothenburg. At the same time,
we have successively built an organisation with a high level of competence in
real estate, which has enabled us to more than double our property assets in the
last four years and increase our net asset value per share by 60%. We will
continue to play an ever more active part in both the early stages of urban
development and the management phase of selected areas. We are 100% focused on
the Gothenburg area and I am convinced that it is this local focus that will
enable us to continue to deliver good results in coming years.”

Platzer Fastigheter Holding AB (publ)

For further information, please contact:

P-G Persson, CEO, Tel: +46 (0)734 11 12 22

Lennart Ekelund, CFO, Tel: +46 (0)734 98 47 87

The information in this press release is information that Platzer Fastigheter
Holding AB (publ) is legally obliged to disclose in accordance with the Swedish
Securities Market Act and/or Swedish Financial Instruments Trading Act. The
information was released for publication at 08:00 on 11 February 2016.

Platzer Fastigheter Holding AB (publ) owns and develops commercial properties in
the Gothenburg area comprising a total lettable area of around 465,000 sq m and
with a value of around SEK 10 billion. Platzer is listed on NASDAQ OMX
Stockholm, Mid Cap.

Attachments

2016-02-11 Press Release Platzer Year-end report 2015.pdf 02102254.pdf