Wihlborgs Fastigheter AB (LTS:0A0I)
kr 105.5 -1.1 (-1.03%) Market Cap: 32.43 Bil Enterprise Value: 61.79 Bil PE Ratio: 65.53 PB Ratio: 1.46 GF Score: 74/100
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Q3 2019 Wihlborgs Fastigheter AB Earnings Call Transcript

Oct 24, 2019 / 07:00AM GMT
Release Date Price: kr74.9 (-0.30%)
Operator

Ladies and gentlemen, welcome to Wihlborgs Fastigheter AB Q3 Report 2019. (Operator Instructions) Today, I am pleased to present CEO, Ulrika Hallengren; and CFO, Arvid Liepe. Please begin your meeting.

Ulrika Hallengren;publ;CEO
Wihlborgs Fastigheter AB

()-

Hello, and welcome to the presentation of Wihlborg's 9 months results 2019. Even if we hear and see signals about a weaker market around us, our customers in our region act if -- as if they don't pay those signals too much attention. They are probably too busy with their business.

We continue to have a very strong net letting. Actually, 2019 is our second best year ever in the net letting first 9 months. We have, during this period, increased our rental income with 11% to SEK 2.218 billion. The operating surplus increased with 10% up to SEK 1.615 billion. And income from property management increased with 25% to SEK 1.318 billion. This continuously strong result comes again from good performance, both in property management and reduced financing costs compared to 2018

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