JANUARY – DECEMBER 2019
- Income, MSEK 1,370 (1,067)
- Profit after tax, MSEK 1,382 (1,615)
- Profit after tax per share, 8.24 SEK (9.63)
OCTOBER – DECEMBER 2019
- Income, MSEK 383 (317)
- Profit after tax, MSEK 543 (308)
- Profit after tax per share, 3.24 SEK (1.84)
SIGNIFICANT EVENTS DURING AND AFTER THE QUARTER
- Many separate transactions were carried out during the quarter that added 25 properties to the portfolio for a total value of SEK 1.8 billion.
- A property was divested in Eskilstuna for a value of MSEK 240 in October.
- In November, senior unsecured bonds of MSEK 750 were issued under the existing framework of SEK 1.5 billion.
- A portfolio of 79 properties was acquired in December for a value of about SEK 4.2 billion.
- After the quarter, a letter of intent was signed in January regarding the acquisition of properties for SEK 8 billion.
- The Board proposes that the Annual General Meeting resolve on a distribution in kind of shares in the company Torslanda Property AB (publ.) to the shareholders. Investment AB (publ.) to the shareholders.
COMMENTS FROM THE CEO
Nyfosa likes a high tempo. In 2019 we delivered on what we promised – growing quickly and profitably. Based on several large transactions, and many small ones, we expanded our property portfolio by more than 25 percent during the year to about SEK 20 billion and signed agreements for another approximate SEK 4 billion. We also added to our highly skilled team, successfully developed our financing and ramped up our sustainability agenda in the business. Nyfosa is in every way poised to create value.
Jens Engwall, CEO