Interim report January – September 2019

JANUARY – SEPTEMBER 2019

  • Income, MSEK 987 (748)
  • Profit after tax, MSEK 838 (1,307)
  • Profit after tax per share, 5.00 SEK (7.79)

JULY – SEPTEMBER 2019

  • Income, MSEK 331 (261)
  • Profit after tax, MSEK 369 (652)
  • Profit after tax per share, 2.20 SEK (3.89)

SIGNIFICANT EVENTS DURING AND AFTER THE QUARTER

  •  Possession taken of properties for a value of SEK 2.3 billion in the quarter.
  •  Recruitment of new Head of Transactions who will be a member of Group Management.
  •  Possession was taken of additional properties for MSEK 214 after the end of the quarter. Properties acquired from Söderport.

COMMENTS FROM THE CEO

Nyfosa grew rapidly and with good profitability in the third quarter. We have acquired properties at a value of SEK 3.1 billion to date this year – solid progress toward the growth target of SEK 25 billion. The diversity of these properties in terms of geography and category add to what we consider to be the most important aim – stable cash flows at low risk. One example is the acquisition of retail properties in Luleå in prime locations, with stable tenants, thus supplementing the portfolio well. Nyfosa will continue to go its own way and find values outside the mainstream.

Jens Engwall, CEO