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2016-10-20

Wihlborgs Fastigheter AB: Interim report Jan-Sep 2016: Wihlborgs' earnings keep growing

· Rental income rose 5 percent to SEK 1,505 million (1,435).
· Operating surplus improved 6 percent to SEK 1,134 million (1,065).
· Income from property management increased 8 percent to SEK 767
million (711).

· Profit for the period totalled SEK 1,670 million (1,343),
corresponding to earnings per share of SEK 21.73 (17.47).

"Once again, Wihlborgs has posted another record-breaking quarter.
Rental income, operating surplus and income from property management
have never been this high, and net lettings continue to trend
positively. For the full-year 2016, our income from property
management will exceed SEK 1 billion," says Anders Jarl, CEO of
Wihlborgs Fastigheter.

"Our financial position was strengthened further during the quarter.
The loan-to-value ratio is now 54 percent and the equity/assets ratio
is 33 percent, thereby providing us with a stable base to continue to
grow, which we will continue to do through our project development
among other activities. We have ongoing projects with a value
exceeding SEK 1 billion, of which the largest are Posthornet in Lund
and Sirius in Malmö," concludes Anders Jarl.

Wihlborgs Fastigheter AB (publ)

Presentation of the report

At 10:15 a.m. today, CEO Anders Jarl and CFO Arvid Liepe will present
the interim report via a teleconference/audiocast.

The teleconference can be accessed on +46 (0)8 5664 2509
or +44 (0)20 3008 9804.
Use the following link for the audiocast:
Link to webcast
(https://wonderland.videosync.fi/2016-10-20-wihlborgs-q3-report)

This information is of such a kind that Wihlborgs Fastigheter AB
(publ) is legally required to disclose pursuant to the EU's Market
Abuse Regulation and the Swedish Securities Market Act. The
information was submitted for publication through the agency of the
above contact people on 20 October 2016, at 7:30 a.m. CET.

Anders Jarl, CEO, Tel: +46 (0)40 690 57 10
Arvid Liepe, CFO, Tel: +46 (0)40 690 57 31

Wihlborgs Fastigheter AB (publ) is a property company that focuses on
commercial properties in the Öresund region. Its property portfolio
is located in Malmö, Helsingborg, Lund and Copenhagen.

In Malmö, Lund and Helsingborg, Wihlborgs is the leading property
company.

The book value for the Company's properties totals SEK 31 billion. The
annual rental value of the properties is SEK 2.3 billion.

Wihlborgs shares are quoted on the Large Cap List of Nasdaq Stockholm.

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http://news.cision.com/wihlborgs-fastigheter-ab/r/interim-report-jan-sep...
http://mb.cision.com/Main/890/2104704/577340.pdf
http://mb.cision.com/Public/890/2104704/aa8c4595594e15f8.pdf

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