Strong Growth in Profit for Hufvudstaden for 2001 (with link)


STOCKHOLM, Sweden, Feb. 7, 2002 (PRIMEZONE) -- Hufvudstaden:


 -- Profit after net financial income and expense amounted to SEK
    380.5 million (497.7). Adjusted for items affecting comparability,
    profit increased to SEK 361.6 million (226.5).

 -- Profit after tax totalled SEK 482.9 million (368.6), and has been
    affected by a positive tax item of SEK 102.4 million (-129.1).

 -- For comparable property holdings, net rents from property 
    management compared with the preceding year increased by 13.0 per
    cent and the gross profit by 26.8 per cent, or 37.5 per cent
    excluding special projects.

 -- Rental level will increase by 57 per cent on leases renegotiated
    during the year.
 
 -- The board proposes an increased dividend to SEK 1.00 (0.85)
    per share.

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The full text report, with all financial tables, is available at theFollowing URLs:http://www.waymaker.net/bitonline/2002/02/07/20020207BIT00740/bit0003.doc The Full Year-End Report http://www.waymaker.net/bitonline/2002/02/07/20020207BIT00740/bit0003.pdf The Full Year-End Report



            

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