Strong net lettings and development laid foundation for highly favourable earnings


  · Rental income increased to SEK 1,869m (1,804). The year-on-year change was
due to growth through positive net lettings and completed projects.
  · Realised and unrealised value changes amounted to SEK 1,576m (1,266) for
properties and SEK –190m (–397) for fixed-income derivatives.
  · The profit for the year before tax increased to SEK 2,032m (1,417). After
-tax profit for the year amounted to SEK –88m (1,141), corresponding to earnings
per share of SEK –0.54 (7.01), following a provision of SEK 1,900m for ongoing
tax matters.
  · Net lettings amounted to SEK 141m (130).
  · The Board proposes a dividend of SEK 3.00 per share (3.00).

“Overall, 2012 was a successful year for all of Fabege’s areas of operation.
Profit from property management improved and both the management portfolio and
development portfolio contributed to favourable value growth,“ Christian
Hermelin Fabege’s CEO says.

“Although uncertainty concerning the economic outlook is considerable, Fabege is
financial well equipped with a property portfolio in good locations with
favourable development potential,” 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
This constitutes information that Fabege AB (publ) may be legally obliged to
publish under the Securities Market Act and/or the Financial Instruments Trading
Act. The information was released for publication at 11.00 am on 4 February
2013.

Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly
on letting and managing office premises and property development. The carrying
amount of the company’s property portfolio is approximately SEK 31.6bn. The
portfolio is concentrated in the Stockholm region and has an annualised rental
value of SEK 2.3bn and a lettable area of 1.1m sqm. Fabege’s shares are listed
on Nasdaq OMX Stockholm, Large Cap segment.

Attachments

20130204 Bokslutskommuniké 2012_eng.pdf 02049672.pdf
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