Northern Logistic Property ASA : Fourth quarter and full year results 2012
(Thomson Reuters ONE) -
Oslo 24 January 2013
Quarterly highlights
* Improved net operating income in Q4 of SEK 109.6m (104.5) and for the full
year SEK 438.0m (415.3)
* Improved EBVAT in Q4 of SEK 59.2m (49.0) and full year SEK 231.6m (170.2)
* Strong cash flow from operations in Q4 of SEK 58.1m (39.0) and full year SEK
225.0m (170.2)
* New lettings improved average remaining lease duration to 6.5 years in Q4
from 5.8 years last quarter
* Private placement of 3.500 shares at price NOK 26.00 per share amounting
to NOK 91m and sale of all own shares
After end of quarter
* Finalized refinancing of all existing loans
* Adopted merger plan with 100 % owned Tribona AB (Publ) as part of change to
NASDAQ OMX Stockholm
* Proposed dividend of NOK 0.70 per share
CEO Peter Strand comments:"2012 has been a great year for NLP. We increased
rental income and average remaining lease duration, lowered the costs and loan
to value. After the end of the year, the refinancing of all our loans was
conducted. The completion of the re-financing is an important milestone in the
company's strategic development to become a greater and market leading company
in the logistic property sector. The next step, conditioned by the General
Meetings approval, is to change marketplace from Oslo Stock Exchange to NASDAQ
OMX Stockholm"
Material
Quarterly report and presentation material will be available on
www.nlpfastigheter.se and www.newsweb.no before presentation.
Presentation
Northern Logistic Property ASA will release its fourth quarter and full year
results for 2012 today, 24 January 2013. In connection with this, the company
will give a presentation at Felix konferenscenter, Aker Brygge, Oslo 08:30 CET.
Peter Strand, CEO and Tommy Åstrand, CFO will represent the company.
Webcast
The presentation will also be broadcasted live on the company's investor
website: www.nlpfastigheter.se. Questions to the management can be sent online
from the webcast during the presentation. A recorded version of the presentation
will also be available on www.nlpfastigheter.se after the broadcast has
concluded. The presentation will be held in Swedish
For further information:
Peter Strand, CEO: +46 705 88 1661, e-post: peter.strand(at)nlpfastigheter.se
Tommy Åstrand, CFO: +46 705 45 5997, e-post: tommy.astrand(at)nlpfastigheter.se
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
About NLP
Northern Logistic Property ASA (NLP) is a Nordic real estate company,
specialising in logistics properties. The portfolio consists of 20 modern and
advanced logistic properties located close to large, strategic logistics flows,
with a total lettable area of 734 000 square meters.
NLP is the only listed company of its sort in the Nordic countries.
Q4 and full year 2012:
http://hugin.info/137677/R/1672584/544028.pdf
Presentation Q4 and full year 2012:
http://hugin.info/137677/R/1672584/544027.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Northern Logistic Property ASA via Thomson Reuters ONE
[HUG#1672584]
Unternehmensinformation / Kurzprofil:
Datum: 24.01.2013 - 08:02 Uhr
Sprache: Deutsch
News-ID 222534
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contact information:
Kategorie:
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