STOCKHOLM, Sweden, Aug. 7, 2003 (PRIMEZONE) -- Wihlborgs Fastigheter:
-- The profit after financial items increased to SEK 463 million
(418)
-- EPS after tax increased to SEK 5.37 (4.75)
-- Unchanged vacancy rate
Wihlborgs' profit after financial items increased by 11% to SEK 463 million (418). EPS after tax rose to SEK 5.37 (4.75). The profit includes gains from property sales amounting to SEK 285 million (225).
"Wihlborgs has developed in a stable manner during the second quarter, with an unchanged vacancy rate and good earnings from sales of properties," comments Erik Paulsson, president and CEO, Wihlborgs Fastigheter AB.
"The level of interest in properties, not least residential properties, remains high. In the first six months of the year we have sold 36 residential properties, nine of which were sold to newly formed tenant- ownership associations," Erik Paulsson continues.
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