STOCKHOLM, Sweden, Oct. 29, 2004 (PRIMEZONE) -- Interim Report, January - September 2004 Increased profit for Hufvudstaden:
* Profit for the period after tax amounted to SEK 611.5 million (294.5). The increase can be attributed mainly to profit on the sale of properties during the second quarter totalling SEK 316 million after tax.
* Excluding special projects, gross profit from property management increased by 2.9 per cent to SEK 583.5 million (566.8).
* Net sales for the Group for the period amounted to SEK 1,018.5 million (1,012.6) * The rental vacancy level at the period-end was 8.3 per cent (8.3 at the year-end for comparable holdings)
* Profit per share was SEK 2.96 (1.41).
Stockholm, October 29, 2004 HUFVUDSTADEN AB (publ) Ivo Stopner President Appendix: Interim Report, January - September 2004 For further information, please contact Ivo Stopner, CEO, or Magnus Jacobson, CFO, telephone +46 8-762 90 00.
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