Interim Report January-June 2010

Interim Report January-June 2010


  · After-tax profit for the period improved by  SEK 370m from SEK 131m
to SEK 501m, corresponding to earnings per share of SEK 3.05 (0.80).
  · Earnings before tax from Property Management amounted to SEK 492m
(279) and from Property Development to SEK 106m (33).
  · Transaction profit amounted to SEK 96m (12).
  · Profit from Property Management increased to SEK 391m (379), while
rental income declined
to SEK 1,025m (1,096) as a result of net sales of properties.
  · The equity/assets ratio increased to 34 per cent (32).

“In line with the year's overall goal, all three of our operating areas
are now contributing to the achievement of a significant earnings
improvement,” says Christian Hermelin, Fabege's CEO. 

“The rental market continued to display a positive trend and we received
more and clearer signals from our customers that the need for floor area
is growing,” Christian Hermelin concludes.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, Deputy CEO and CFO, phone +46 (0)8-555 148 29, +46
(0)706-66 13 80
Annette Kaunitz, Head of Corporate Communications, phone +46 (0)8-555
148 20, +46 (0)708-39 03 37