Interim report January-September 2009

Interim report January-September 2009

ID: 7232

(Thomson Reuters ONE) - * Income increased to SEK 939 million (906)* Profit from property management increased by 41 per cent to SEK 389 million (275), corresponding to SEK 2.42 per share (1.68)* Net profit amounted to SEK 179 million (-96), corresponding to SEK 1.12 per share (-0.59)* The forecast profit from property management is being increased. According to the new forecast, profit from property management for 2009 is expected to amount to at least SEK 490 million (355), which would be equivalent to SEK 3.05 per share (2.17). According to the previous forecast, the profit would amount to at least SEK 440 million. Statement by the CEO Stable operations with positive signals "Sweden and the world has experienced one year of financial crisis by now. The situation has gradually improved though, especially after the summer. Klövern's day-to-day activities rest on stable foundations with profit from property management and a cash flow that is better than ever. During the spring, parts of SonyEricsson in Kista were vacated and we lost one percentage point in the economic occupancy rate. During the beginning of the autumn, we have noticed a clear increase in demand at our locations. Rental levels remain stable and we are optimistic regarding the future. Ericsson has decided to concentrate its operations in Kista, which is positive for the area in general and for us as property owners in particular. This decision, together with the completion of the exhibition and events centre Kistamässan and first sod being cut for the Victoria Tower hotel, confirms Kista's position as one of Europe's leading ICT areas", says Klövern's CEO Gustaf Hermelin. Nyköping 22 October 2009 Klövern AB (publ) For further information, please contact: Gustaf Hermelin, CEO, tel +46 155-44 33 10, +46 70-560 00 00, gustaf.hermelin(at)klovern.se Caesar ÿfors, CFO and vice President, tel +46 155-44 33 02, +46 70-662 48 48, caesar.afors(at)klovern.se Britt-Marie Einar, Finance and Information Manager, tel +46 155-44 33 12, +46 70-224 29 35, britt-marie.einar(at)klovern.se Klövern is a real estate company committed to working closely with customers to meet their needs of premises and services in Swedish growth regions. Klövern has business units in ten cities: Borås, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and ÿrebro. As at 30 September 2009, the value of the properties totalled approximately SEK 12 billion and the rental value on an annual basis was SEK 1.4 billion. The Klövern share is listed on Nasdaq OMX Nordic Exchange in Stockholm, medium-sized companies. Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00, Fax +46 155-44 33 22. Corporate registration no. 556482-5833. Registered office: Nyköping. Website: www.klovern.se. http://hugin.info/134084/R/1349043/324895.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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internal growth momentum WÿRTSILÿ CORPORATION INTERIM REPORT JANUARY-SEPTEMBER 2009
Bereitgestellt von Benutzer: hugin
Datum: 22.10.2009 - 07:32 Uhr
Sprache: Deutsch
News-ID 7232
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