Project development of JM
|
|
- Lorraine Miles
- 5 years ago
- Views:
Transcription
1
2
3 Project development of JM Acquisition Management Occupancy Construction Conception planning Pre-construction Financing Sale/lease ytf
4 Financial targets Targets Operating margin (%) Dividend, share of profit after tax (%) Equity ratio (%) ) Nor, Täby Park, Täby 132 residential units 1) Sorgenfri, Malmö 57 residential units 1) Leidarkollen, Bergen, Norway 49 residential units 1) 1) Started during Q ytf
5 Ownership structure Percent of share capital at July 2018 Swedbank Robur Funds 8.6 SEB Investment Management 4.1 Pensionskassan SHB Försäkringsfören. 2.2 AFA Insurance 2.2 Länsförsäkringar Fund Management 2.2 Fourth Swedish National Pension Fund 1.8 Försäkringsbolaget Avanza Pension 1.5 Handelsbanken Funds 1.3 Folksam 1.1 Foreign shareholders 46.9 Others 28.1 Number of shareholders 22,396
6
7 Group Summary 1) January June 2018 Profit before tax decreased to SEK 997m (1,430) 2) Earnings per share were SEK (16.50) 2) Return on equity was 30.7 percent (41.6) 2) Cash flow from operations was SEK -222m (1,294) 1) According to segment reporting 2) Of which SEK 275m from the sale of participations in Småa AB in 2017 Entréen, Oslo, Norway 75 residential units Humlelunden, Staffanstorp 33 single-family home 7
8 Group Summary January June 2018 Number of residential units sold 1,099 (1,735) Lower level residential units sold cautious market in Stockholm, particularly new production. Some stabilization during the second quarter Number of housing starts 1,417 (1,719) Planning to increase the number of housing starts during the second six months in Stockholm, assuming stabilized housing market and stable planning processes Residential building rights portfolio 36,000 (34,600) Villa Nedergård, Gothenburg 28 residential units Radiotorget, Gothenburg 40 residential units 8
9 Operating profit January June According to segment reporting, SEK m JM Residential Stockholm JM Residential Sweden JM International JM Property Development 1 24 JM Construction 0 19 Group-wide expenses Total
10 Some stabilization of the housing market in Stockholm stable development on other markets The housing market in Stockholm continued to be cautious during the first six months, particularly new production. Some stabilization in the second quarter. In the rest of Sweden demand was primarily stable In Norway, the level of activity was good with a slight increase in prices and the housing market in Finland was stable In Stockholm customers show strong interest in our projects, but are taking a cautious approach to signing contracts early in the process. However, willingness to sign a contract early in the process increased slightly during the second quarter The percentage of sold/reserved residential units in relation to ongoing production 58 % (75) somewhat below normal level A solid financial position gives good acquisition capacity and possibilities to enhance market position 10
11
12
13
14
15 Residential units in current production JM Group 30 June June Dec 2017 Number of residential units 1) 7,814 7,641 8,200 Number of residential units sold 3,718 4,720 4,466 Number of residential units reserved Sold residential units, % Reserved residential units, % Sold/reserved residential units, % Completed production, no. of unsold units 2) Number of unsold units in the balance sheet ) Including rental and residential care units within JM Property Development not included in percentage sold/reserved ) After final occupancy according to plan 15
16 JM Residential Stockholm January - June Full-year SEK m Revenue 3,005 3,718 7,151 Operating profit 1) ,438 Operating margin, % Number of available building rights 13,600 13,000 13,400 Number of residential units in current production 3,387 3,598 3,842 1) Of which property sales Cautious market, particularly with regard to new production some stabilization Willingness to sign contract early increased slightly in the second quarter Housing starts during the first six months supported by a normal level of reservations Residential units available for sale have largely planned occupancy in 2019 and 2020 Plan for more housing starts during the second six months, assuming stabilized housing market and stable planning processes Condor, Danderyd 108 residential units Good profitability Cash flow in balance taking into consideration the increase in development properties 16
17 JM Residential Sweden January - June Full-year SEK m Revenue 2,334 2,299 4,309 Operating profit 1) Operating margin, % 16,9 14, Number of available building rights 10,300 10,000 10,100 Number of residential units in current production 2, ,351 1) Of which property sales Stable demand Slightly slower sales rate Stronger profit and margin A decrease in working capital had positive impact on cash flow Sjösidan, Lund 92 residential units 17
18 JM International January - June Full-year SEK m Revenue 1,574 1,615 3,262 of which JM Norway 1,344 1,352 2,777 Operating profit 1) of which JM Norway Operating margin, % of which JM Norway Number of available building rights 11,400 10,700 10,500 Number of residential units in current production 1,466 1,348 1,454 1) Of which property sales Good level of activity in Norway with slight increase in prices and stable housing market in Finland The low level of housing starts during the first six months is in line with the annual plan, and will increase during the year Somewhat improved profit and margin Cash flow burdened by investments in development properties Visertäjä, Esbo, Finland 39 residential units 18
19 JM Property Development January - June Full-year SEK m Revenue Operating profit 1) Number of available building rights Number of residential units in current production ) Of which property sales The completed Dalénum rental project, Lidingö consisting of 97 apartments is held in JM s balance sheet Housing start, in own balance sheet, during the second quarter of rental project Manegen, Täby Park, Täby with 128 apartments Ongoing production in four rental projects in JM s balance sheet: Tjärtunnan, Stureby, 187 apartments Spaken, Hägernäs, Täby, 136 apartments Alphyddan, Nacka, 93 student apartments Alba Lilium, Bredäng, 137 apartments Rental unit project Manegen, Täby 681 rental units and residential care units in current production 19
20 JM Construction January - June Full-year SEK m Revenue 1) 1,467 1,229 2,751 Operating profit Operating margin, % ) Of which internal Good demand but tough competition Good orders Increased revenue Lower profit and margin negative revaluations in the Swedish operations A long-term project is underway to raise profitability Cash flow is burdened by increase in working capital 20
21 Available building rights portfolio No. of building rights 1) Region 06/30/ /30/2017 Stockholm 14,300 2) 13,900 2) Malmö/Lund 2,900 3,600 Gothenburg 3) 3,700 3,200 Uppsala 4) 3,700 3,200 Norway 7,900 7,800 Helsinki 3,300 2,700 Belgium Total 36,000 34,600 1) Rounded to the nearest hundred 2) Of which 700 and 900 building rights for rental units and residential care units 3) West region 4) East region 21
22 Increased level of development properties Building rights in Balance Sheet Jan-Jun SEK m Opening balance 6,802 7,067 7,121 7,543 Plus 2,695 1,903 2,017 2,057 Minus -2,430-1,849-1, Closing balance 7,067 7,121 7,543 8,869 22
23 Project properties SEK m 06/30/ /30/ /31/2017 Properties under development 1, Fully developed rental unit properties 1) Fully developed commercial properties Total 1, ,074 1) Dalénum, Lidingö, 97 apartments 23
24 Approx. 6 years production in Balance Sheet No. of building rights 1) 06/30/2018 In Balance Sheet Housing starts 2) Average period, years 3) JM Residential Stockholm 8,100 1, JM Residential Sweden 6,400 1, JM International 5, JM Property Development Group 20,400 3, ) Residential building rights 2) 12-month period 3) Guideline value 5 years 24
25 79 unsold residential units in Balance Sheet, SEK 322m SEK m Q Q Q Q Q
26 Cash flow statement, SEK m Cash flow Q Q Q Q Q From operating activities 1) 2) 3) From investing activities From financing activities Total cash flow for the quarter Cash and cash equivalents end of period 2,211 2,557 2,572 2,564 2,078 1) Of which net investment project properties ) Of which net investment development properties ) Of which paid tax According to segment reporting
27
28 Components of profit/loss housing business Percentage of completion method (gross) Q (Q1 2018) Cost-based effect SEK 420m (440) + Revaluation effect + SEK 470m (439) Sales effect SEK -136m (-129) Always positive Usually positive Positive/negative Recognized expenses contribution margin (for the current period). Changed assessment about forecast total contribution margin and/or total cost of a project that involves revaluation of recognized profit/loss from earlier periods. Change in the relationship between stage of completion and sales rate in a period (incoming outgoing) (Adjustment of accumulated profit for unsold homes). = Profit/loss for the period SEK 754m (750) 28
29 Revaluation effects housing business SEKm Q Q Q Q Q Group Business segment Stockholm Sweden International Total Q Q The net of positive and negative revaluation effects in residential projects during Q totaled SEK 470m, with current assessment of market conditions for the actual forecast period. 29
30 JM today Customer focused strong brand 36,000 building rights in attractive locations Fundamentally favorable prospects Cautious market in Stockholm Sustainable urban planning Efficient management system Investments in digital support Strong balance sheet offers freedom of action Well balanced risk profile Nor, Täby Park, Täby 30
31
Interim Report January - June 2018
Interim Report January - June 2018 JM Group 1) Revenue: SEK 16.5 billion 2) Total assets: SEK 16.6 billion No. of building rights: 36,000 No. of employees: 2,591 20 % 3% Market Cap: SEK 11.9 billion 3)
More informationJM Group Real Estate & Construction Conference, September 20, 2018 Claes Magnus Åkesson, CFO
JM Group January - June 2018 Real Estate & Construction Conference, September 20, 2018 Claes Magnus Åkesson, CFO JM Group 1) Revenue: SEK 16.5 billion 2) Total assets: SEK 16.6 billion No. of building
More informationInterim Report. January - September
Interim Report January - September 2018 JM Group 1) Revenue: SEK 16.6 billion 2) Total assets: SEK 16.1 billion No. of building rights: 36,700 No. of employees: 2,610 Market Cap: SEK 11.2 billion 3) 21
More informationInterim report Q3 2017
Interim report Q3 2017 JM Group Revenue: SEK 16.8 billion 1) Total assets: SEK 14.4 billion 2) No. of building rights: 34,800 No. of employees: 2,540 Market Cap: SEK 14.5 billion 3) 18 % Norway 79 % Sweden
More informationInterim report January September October 24, 2014
Interim report January September 2014 October 24, 2014 JM Group Revenue: SEK 13.4 billion Total assets: SEK 11.1 billion No. of building rights: 28,400 No. of employees: 2,187 Market Cap: SEK 17.7 billion
More informationSOLID FINANCIAL POSITION MEANS POSITION OF STRENGTH
JM GROUP YEAR-END REPORT JANUARY DECEMBER 217 217 SOLID FINANCIAL POSITION MEANS POSITION OF STRENGTH JANUARY DECEMBER 217 Revenue increased to SEK 17,8m (15,752) and the operating profit increased to
More information3/2018 JM GROUP INTERIM REPORT JANUARY SEPTEMBER 2018
3/218 JM GROUP INTERIM REPORT JANUARY SEPTEMBER 218 POSITIVE DEVELOPMENT IN SALES IN STOCKHOLM GOOD PROFITABILITY CONTINUED JANUARY SEPTEMBER 218 Revenue decreased to SEK 12,11m (12,457) and operating
More informationInterim Report January September 2012
Interim Report January September 2012 JM Group Revenues: SEK 12.7 billion Total assets: SEK 11.1 billion No. of building rights: 27,600 No. of employees: 2,332 18 % 1 % Market cap: SEK 9.4 billion 2) 79
More informationSTRONG SALES ALLOW CONTINUED HIGH LEVEL OF HOUSING STARTS
Interim report 3/ 215 JM GROUP JANUARY SEPTEMBER 215 STRONG SALES ALLOW CONTINUED HIGH LEVEL OF HOUSING STARTS According to segment reporting, revenue increased to SEK 1,489m (9,729) and operating profit
More informationProfit before tax decreased to SEK 342m (374). Profit after tax decreased to SEK 261m (283)
Interim report 1/ 215 JM GROUP JANUARY MARCH 215 GOOD DEMAND IN JM's PRIMARY MARKETS AND STRONG SALES According to segment reporting, revenue increased to SEK 3,417m (3,37) and operating profit was SEK
More informationStrong Balance sheet. Claes Magnus Åkesson, CFO
Strong Balance sheet Claes Magnus Åkesson, CFO Financial targets % 2 15 1 5 25 26 27 28 29 21 211 212 213 214 Operating margin Goal % % 7 6 5 4 3 2 1 25 26 27 28 29 21 211 212 213 214 5 4 3 2 1 25 26 27
More informationYear-end report January - December January 24, 2017 Mattias Ankarberg and Pernilla Walfridsson
Year-end report January - January 24, 2017 Mattias Ankarberg and Pernilla Walfridsson Summary Q4 2016 Net sales increased +16.2 percent, compared with pro forma unchanged (0.0%). Net sales for comparable
More informationSPP - Additional information. November 2005
SPP - Additional information November 2005 SPP Overview 30 September 2005 Assets under management: SEK 83bn Premium income, Jan-Sep 2005: SEK 3.3bn Duration, commitments to policyholders: 17 years Policies:
More informationSvenska Handelsbanken Second quarter 2002
Svenska Handelsbanken Second quarter 2002 20 August 2002 Profit and loss account, January - June Handelsbanken Group Q2 Q2 Change SEKm 2002 2001 % Net interest income 7 025 6 464 9 Commission, net 2 549
More informationWELCOME TO FABEGE 20 SEPTEMBER 2018
WELCOME TO FABEGE 20 SEPTEMBER 2018 Hammarby Sjöstad Solna Business Park Arenastaden Stockholms inner city Fabege owns and manages every ten square meters of office space in Greater Stockholm. FABEGE DEVELOPS
More informationSvenska Handelsbanken Third quarter 2002
Svenska Handelsbanken Third quarter 2002 22 October 2002 Profit and loss account, January - September Handelsbanken Group Change SEKm 2002 2001 % Net interest income 10 611 9 856 8 Commission, net 3 782
More informationYear-end Report January December 2018
Year-end Report January December Increased number of sold and started units 1 OCTOBER 31 DECEMBER amounted to SEK 6,26 M (6,55) Operating profit was SEK 899 M (82), of which profit from sales of land totalled
More informationWelcome to Kungsleden. First Quarter 2011
Welcome to Kungsleden First Quarter 2011 Kungsleden in brief Owns and manages properties generating high and stable long-term returns Returns more important than property type and location Returns cannot
More informationOperative net sales increased by 14 percent to SEK 30,360 million (26,615) Operative operating profit amounted to SEK 962 million (1,094)
PEAB AB interim report JANUARy september 2011. Operative net sales increased by 14 percent to SEK 30,360 million (26,615) Operative operating profit amounted to SEK 962 million (1,094) Earnings per share
More informationINCREASED FOCUS ON COSTS
The leading hotel company in the Nordics January March 2018 INCREASED FOCUS ON COSTS FIRST QUARTER IN SUMMARY Net sales rose by 22.5 percent to 3,791 MSEK (3,095), driven by more rooms in operation and
More informationWelcome to Kungsleden Q3 2013
Welcome to Kungsleden Q3 2013 25 October, 2013 Biljana Pehrsson, CEO Anders Kvist, Deputy CEO and CFO 2013 Kungsleden Aktiebolag Agenda 1. Q3 2013 results 2. Kungsleden's new strategy and targets 3. Portfolio
More information17ANNUAL REPORT 2017
17ANNUAL REPORT 2017 OPERATIONS 1 THE YEAR IN BRIEF 2 CEO S COMMENTS 4 Customer needs 5 BUSINESS INTELLIGENCE AND MACRO 7 MARKET OVERVIEW 10 Our offer 11 NEW CONSTRUCTION ADVANTAGES 16 JM S 10 LARGEST
More informationInterim Report January September 2017
Interim Report January September Good result and increased number of sold homes 1 JULY 30 SEPTEMBER amounted to SEK 2,135 M (2,327) Operating profit was SEK 218 M (228), of which profit from sale of land
More informationThe Mortgage Market in Sweden
The Mortgage Market in Sweden 217-9-25 September 217 Blasieholmsgatan 4B, Box 763 SE-13 94 Stockholm t: +46 ()8 453 44 info@swedishbankers.se www.swedishbankers.se Contact: Tel: E-mail: Christian Nilsson
More informationFacts. Q3, 2007 October 24, 2007
Facts October 24, 27 24 October, 27 Contents page General information 2 Mission, vision, values and markets 2 Financial objectives 3 Geographic reach and market shares 4 Macro economic indicators 5-6 Business
More informationThe Mortgage Market in Sweden
September 2018 The Mortgage Market in Sweden Contents Introduction 3 1. The economic situation in Sweden 4 2. The housing and construction market 4 3. Competition on the mortgage market 8 4. Residential
More informationTHE LEADING SWEDISH RESIDENTIAL DEVELOPER WITHIN SMART & AFFORDABLE HOUSING CAPITAL MARKETS DAY 2017
THE LEADING SWEDISH RESIDENTIAL DEVELOPER WITHIN SMART & AFFORDABLE HOUSING CAPITAL MARKETS DAY 2017 THE LEADING SWEDISH RESIDENTIAL DEVELOPER WITHIN SMART & AFFORDABLE HOUSING CAPITAL MARKETS DAY 2017
More informationInterim report January 1 June 30, 2013
Interim report January 1 June 30, 2013 April 1 June 30, 2013 Orders received: SEK 17,798 M (15,453) Net sales: SEK 13,535 M (13,733) Profit after financial items: SEK 457 M (451) Profit after tax for the
More informationCONTINUED IMPROVED EARNINGS
The leading hotel company in the Nordics January September 2018 CONTINUED IMPROVED EARNINGS THIRD QUARTER IN SUMMARY Net sales rose by 22.6% to 4,874 MSEK (3,974), driven by more rooms in operation, including
More informationCONTINUED GROWTH BUT HIGH COSTS IN THE QUARTER
The largest hotel company in the Nordics January December 2017 CONTINUED GROWTH BUT HIGH COSTS IN THE QUARTER FOURTH QUARTER IN SUMMARY Net sales increased by 8.1% to 3,743 MSEK (3,463) due to more rooms
More informationKungsleden AB (publ) Chief Executive Thomas Erséus Deputy Chief Executive Johan Risberg 24 April 2009
Kungsleden AB (publ) Chief Executive Thomas Erséus Deputy Chief Executive Johan Risberg 24 April 2009 Kungsleden in brief Kungsleden owns and manages properties generating high and stable long-term returns
More informationSOLID DEVELOPMENT IN SALES & PROFITS
The largest hotel company in the Nordics January September 2017 SOLID DEVELOPMENT IN SALES & PROFITS THIRD QUARTER IN SUMMARY Net sales increased by 11.1% to 3,974 MSEK (3,577) primarily due to higher
More informationYear-end report January 1 December 31, 2014
Year-end report January 1 December 31, 2014 October 1 December 31, 2014 Orders received SEK 18,469 M (14,363) Net sales SEK 18,760 M (21,073) Profit after financial items SEK 1,017 M (1,472) Profit after
More informationReturn on capital employed, % Return on equity, %
Third quarter Jan.-Sept. 12 months Oct. 2- SEKm 2 2 2 2 Sept. 2 Group Net sales 25,517 22,16 74,732 63,994 97,912 87,174 Operating profit before depreciation/amortisation (EBITDA) 1,78 1,616 4,32 4,396
More informationKUNGSLEDEN. THIRD QUARTER EARNINGS AND INTERIM REPORT 24 October Biljana Pehrsson, CEO Anders Kvist, Deputy CEO and CFO
KUNGSLEDEN THIRD QUARTER EARNINGS AND INTERIM REPORT 24 October 2014 Biljana Pehrsson, CEO Anders Kvist, Deputy CEO and CFO 1 Third quarter and interim period in summary Financial performance and key figures
More informationInterim presentation. 15 February, Anders Nissen, CEO Liia Nõu, CFO
Interim presentation 15 February, 2018 Anders Nissen, CEO Liia Nõu, CFO Forward-looking statements This presentation contains forwardlooking statements. Such statements are subject to risks and uncertainties
More informationInterim report January-June July 15, 2016 Magnus Agervald and Pernilla Walfridsson
Interim report January- July 15, 2016 Magnus Agervald and Pernilla Walfridsson Summary January- In the second quarter, s net sales increased 34 percent Net sales amounted to SEK 1,738.7 M (1,294.6), up
More informationFact book Q April 2007
Fact book Q1 27 25 April 27 Contents page General information 2 Mission, vision, values and markets 2 Financial objectives 3 Geographic reach and market shares 4 Macro economic indicators 5-6 Business
More informationInterim report January 1 June 30, 2018
Interim report January 1 June 30, 2018 Tomas Carlsson CEO Mattias Lundgren CFO 1 Q2 2018 Orders received Net sales Order backlog EBT SEK 13.8 BN (16.4) SEK 14.3 BN (13.3) SEK 58.7 BN (52.2) SEK 427 M (484)
More informationInterim report Q3 2017
Q3 Solid portfolio acquisitions and strong earnings trend July September Total revenue was unchanged at SEK 666m (665). Profit before tax increased 40 per cent to SEK 182m (130). Diluted earnings per share
More informationContents. The View, Jakobsgatan 6
Year-end Report Contents Vasakronan in brief 1 Vasakronan 2 Market overview 3 Consolidated income statement 4 Comments on the income statement 5 Consolidated balance sheet 8 Comments on the balance sheet
More informationK LÖV ERN IN T ERIM REP O R T J A NUA RY M A RCH
K LÖV ERN IN T ERIM REP O R T J A NUA RY M A RCH Klövern January March Income increased by 19 per cent to SEK 399 million (334) Operating surplus increased by 27 percent to SEK 242 million (191) Profit
More informationWe develop, build and manage for a wiser Sweden
Interim Report January 1 September 3, 216 We contribute to Sweden as a nation of knowledge PHOTOS: BERGSLAGSBILD AB Along with Rotterdam and Glasgow, Umeå is one of the cities granted SEK 18 million in
More informationYear-end report Peter Wågström President and Chief Executive Officer Ann-Sofie Danielsson Chief Financial Officer. Citybanan, Stockholm
Year-end report 2011 Peter Wågström President and Chief Executive Officer Ann-Sofie Danielsson Chief Financial Officer Citybanan, Stockholm 2012-02-01 NCC AB 1 Agenda Q4 in brief 2011 in summary Market,
More information»» Net profit increased by 4 per cent to SEK 1,149 million (1 102), corresponding to SEK 1.07 (1.02) per ordinary share.
INTERIM REPORT JANUARY JUNE 16»» Income increased by 6 per cent to SEK 1,43 million (1,346).»» The operating surplus increased by 8 per cent to SEK 943 million (873).»» Profit from property management
More informationYEAR-END REPORT 2008
YEAR-END REPORT 2008 Catena s property in Drammen, which was upgraded in 2008 to a modern automotive facility, was opened for business by Bilia in December 2008. Catena shall own, effectively manage and
More informationShareholder information
ANNUAL REPORT 2014 Operations 1 the year in brief 2 CEO s comments 4 CUSTOMER NEEDS 5 Business intelligence and Macro 7 Market overview 10 OUR OFFER 11 new construction advantages 16 jm s 10 largest projects
More informationINTERIM REPORT, JANUARY MARCH 2008
INTERIM REPORT, JANUARY MARCH 2008 Huddinge Myren 3 Catena shall own, effectively manage and actively develop commercial real estate in prime locations that offer the potential to generate steadily growing
More informationSwedbank s second quarter 2018 results
Swedbank s second quarter 218 results Anders Karlsson (CFO), Helo Meigas (CRO) Group financial highlights TOTAL INCOME SEK 11.8bn 12 8 4 Total income, SEKbn Strong loan volume growth Higher commission
More informationInterim Report January June Cash flow from operating activities was SEK 323 million (107)
Interim Report January June 2014 NET SALES WERE SEK 5,840 MILLION (5,535) OPERATING PROFIT WAS SEK 296 MILLION (253) Cash flow from operating activities was SEK 323 million (107) Highlights of the period
More informationHandelsbanken January December February 2009
Handelsbanken January December 2008 10 February 2009 Summary Q4 2008 compared with Q3 2008 Operating profits rose by 39% to SEK 5,216m and by 20% excluding capital gains Net interest income went up by
More information19% Portfolio growth over the last 12-month period
Year-end report Another successful year closes with strong growth October December Total revenue increased 11 per cent to SEK 744m (672). Items affecting comparability totalled SEK 59m excluding tax. Profit
More informationInterim Report January June 2018
Q2 Interim Report January June 1 April e * Lending to the public rose 19% to SEK 26,626 million Operating income increased 13% to SEK 868 million Operating profit increased 10% to SEK 374 million Earnings
More informationInterim January September 2018
Q3 Interim report January September 2018 > Hemfosa s extraordinary general meeting on 13 September 2018 resolved in accordance with the proposal of the Board of Directors to distribute all shares in the
More informationQ2 Interim. report. Key figures. January-June Significant events during and after the quarter
Q2 Interim report January-June 2018 Key figures Apr-Jun Jan-Jun Full-year 2018 2017 2018 2017 2017 Rental income, 869 858 1,684 1,580 3,134 Net operating income, 613 654 1,140 1,107 2,232 Surplus ratio,
More informationInterim Report January to September 2011
Akelius Fastigheter AB Interim Report January to September 2011 Holländische Reihe, Hamburg Akelius Fastigheter AB Registered company number: 556156-0383 Interim report January to September 2011 Rental
More informationFastighets AB Balder Interim report
Fastighets AB Balder Interim report January-March Profit from property management attributable to parent company shareholders amounted to SEK 683m (631), corresponding to an increase per share by 18 %
More informationBusiness Region Göteborg
Business Region Göteborg The Swedish economy grows, yet at a slower pace GDP GROWTH OF SWEDEN IN PERCENT UP UNTIL THE SECOND QUARTER 2018 - CHANGE COMPARED TO THE SAME QUARTER PREVIOUS YEAR 8% 6% 4% 2%
More informationInterim report Q April 25, 2007 Jan Lidén President and CEO
Interim report Q1 2007 April 25, 2007 Jan Lidén President and CEO Highlights Q1 2007 Strong and stable results intact SEK 2,910m (2,270 Q1, 2006) Strong and stable results from all major business areas;
More informationINTERIM REPORT JANUARY-MARCH 2011
INTERIM REPORT JANUARY-MARCH 2011 SoliQ, a unique service concept for the Global Produce Supply Chain Billerud s subsidiary, Billerud Fresh Services, is now launching SoliQ, an optimised corrugated packaging
More informationQ4, February 2007
16 February 27 Contents page Mission, vision, values and markets 2 Financial objectives 3 Geographic reach and market shares 4 Macro economic indicators 5 Cross selling, Internet bank and cards 6 Lending
More informationBusiness Region Göteborg
Business Region Göteborg Slight slowdown ahead for the region s important markets REAL GDP GROWTH FORECAST 2018-2019 (IN PERCENT) FOR SWEDEN AND SOME OF THE GOTHENBURG REGION S KEY EXPORT MARKETS COUNTRY
More informationIn the first quarter, Byggmax increased net sales by +6.1%
INTERIM REPORT JANUARY - MARCH 2017 In the first quarter, Byggmax increased net sales by +6.1% January 1 - March 31 Net sales amounted to SEK 782.6 M (737.9), up 6.1 percent. Net sales for comparable stores
More informationYear-end Report January December 2017
Q4 Year-end Report January December 1 October ember * Lending to the public rose 14% to SEK 24,069 million Operating income increased 17% to SEK 808 million Operating profit increased 35% to SEK 371 million
More informationYear-end report Summary January-December Significant events during the fourth quarter. Hemsö in summary*
Year-end report 217 Summary January-December 217 Rental income increased to SEK 2,363 million (2,189). Profit from property management increased to SEK 1,314 million (1,111). Changes in value of properties
More informationYear-end report. Profitable growth and strong order situation. October December January December 2017 JANUARY DECEMBER 2017
Year-end report JANUARY DECEMBER STEAM HOTEL Västerås Profitable growth and strong order situation October December Operative net sales SEK 14,794 million (13,795) Operative operating profit SEK 774 million
More informationMorgan Stanley Financial Services Conference
Morgan Stanley Financial Services Conference Group CEO and President, Björn Wahlroos April 1 st, 2009 Sampo Group s History The 21st century in Sampo Group has been reflected by several structural changes.
More informationSwedbank s third quarter 2018 results
Swedbank s third quarter 2018 results Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Swedbank in the Baltics Swedbank s customers in the Baltics Market leader with a strong focus on
More informationSvenska Handelsbanken Third Quarter 2000
Svenska Handelsbanken Third Quarter 2000 A presentation by Arne Mårtensson President and Group Chief Executive 24 October 2000 Anticipated nine-month profit: SEK 8 600m Handelsbanken Group SEK m 9 mths
More informationThree Month Report We build for a better society. Slussen, Stockholm, Sweden
Three Month Report We build for a better society. Slussen, Stockholm, Sweden Safety at Skanska May 5, Skanska Three Month Report 2 Skanska Safety Week May 5, Skanska Three Month Report 3 Three Month Report
More informationSvenska Handelsbanken Full-year result February 2002
1 Svenska Handelsbanken Full-year result 2001 12 February 2002 Profit & loss account, January - December Handelsbanken Group SEK m 2001 2000 Change % Net interest income 13 385 11 791 14 Commission, net
More informationWelcome to Kungsleden
Welcome to Kungsleden Chief Executive Thomas Erséus Deputy Chief Executive Johan Risberg 17 February 2011 Kungsleden in brief Owns and manages properties generating high and stable long-term returns Returns
More informationNet profit increased by 78 per cent to SEK 712 million (400), corresponding to SEK 0.69 (0.35) per ordinary share.
INTERIM REPORT JANUARY MARCH 16»» Net profit increased by 78 per cent to SEK 712 million (400), corresponding to SEK 0.69 (0.35) per ordinary share.»» Income increased by 7 per cent to SEK 714 million
More informationWelcome to Kungsleden s Financial Statement and strategy presentation
Welcome to Kungsleden s Financial Statement and strategy presentation 15 February 2013 Thomas Erséus, Chief Executive Anders Kvist, Deputy Chief Executive Today s agenda 1. The lettings and property market
More informationOperations. This Annual Report is a translation of the original text in Swedish, which is the official version. 1 the year in brief
ANNUAL REPORT 2011 CONTENTS Operations 1 the year in brief 2 CEO s comments 4 CUSTOMER NEEDS 5 Business intelligence and Macro 7 Market overview 10 OUR OFFER 11 new construction guaranteed advantages 16
More informationIncome increased by 4 per cent to SEK 1,585 million (1,518). The operating surplus increased by 3 per cent to SEK 1,066 million (1,032).
INTERIM REPORT 18 JANUARY JUNE»» Income increased by 4 per cent to SEK 1,585 million (1,518).»» The operating surplus increased by 3 per cent to SEK 1,66 million (1,32).»» Profit from property management
More informationFacts FöreningsSparbanken (Swedbank)
Q4, 25 February 15, 26 Facts FöreningsSparbanken (Swedbank) Contents page 1. Market position 2 2. International presence 4 3. Financial and strategic targets 5 4. Savings and investments 6 5. Lending 7
More informationAkelius Fastigheter AB. Interim report January to June 2010
Akelius Fastigheter AB Interim report January to June 2010 Akelius Fastigheter AB (publ) Registered company number: 556156-0383 Interim Report January to June 2010 Rental income amounted to SEK 1,239 m
More informationQuarterly report. Increased sales with an improved operating profit. January September July September 2018 JANUARY SEPTEMBER 2018
Quarterly report JANUARY SEPTEMBER MH2, NORWAYS S ARCTIC UNIVERSITY Tromsø Increased sales with an improved operating profit July September Net sales SEK 12,445 million (11,595) Operating profit SEK 743
More informationSwedbank year-end report 2017
Swedbank year-end report 217 Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Swedish Banking Solid mortgage volume growth SEKm Q4 17 Q3 17 QoQ Net interest income 3 861 3 812 49 Net commission
More informationCapital Markets Day. 23 November. Strong financial position Claes Magnus Åkesson, CFO
Capital Markets Day 23 November 217 Strong financial position Claes Magnus Åkesson, CFO % 2 Financial targets 1) 15 1 5 27 28 29 21 211 212 213 214 215 216 % Operating margin Goal % 8 5 6 4 4 3 2 2 1 27
More informationInterim Report January March 2018
Q1 Interim Report January March 1 January ch * Lending to the public rose 16% to SEK 25,134 million Operating income increased 8% to SEK 806 million Operating profit increased 7% to SEK 345 million Earnings
More informationATRIUM LJUNGBERG S CAPITAL MARKET DAY WELCOME
ATRIUM LJUNGBERG S CAPITAL MARKET DAY WELCOME Urban environments that generate value Strategies for value growth Sustainable urban development Strong subsidiary markets in growth towns Significant player
More informationFöreningsSparbanken (Swedbank) Preliminary year-end report for 2002 February 14, 2003
FöreningsSparbanken (Swedbank) Preliminary year-end report for 2002 February 14, 2003 Operating profit amounted to SEK 6,848 M 2002 in summary: Operating profit amounted to SEK 6,848 M (8,039) The return
More informationReturn on capital employed, % Return on equity, %
Second quarter Jan-Jun 12 months Jul 2-2 2 2 2 Jun 2 Group Net sales 25,542 22,223 49,2 41,978 94,411 87,174 Operating profit before depreciation (EBITDA) 1,448 1,752 2,594 2,78 5,633 5,819 Operating profit
More informationAkademiska Hus Year-End Report 2006
Akademiska Hus Year-End Report 2006 AKADEMISKA HUS AB (Publ) Reg. No. 556459-9156 The Board and President of Akademiska Hus AB hereby present the Year-End Report for 2006. Profit before tax for the period
More informationSix Month Report Nationalmuseum, Stockholm, Sweden
Six Month Report Nationalmuseum, Stockholm, Sweden Six Month Report Highlights Improvement in our home markets underlying economies market outlook continues to improve Increase in order bookings and order
More informationPeab AB Interim Report January March 2012
KUGGEN Gothenburg Peab AB Interim Report January March 2012 Operative net sales amounted to SEK 9,868 million (8,797) Operative operating profit amounted to SEK 144 million (102) Earnings per share before
More informationINTERIM REPORT. April June The leading end-to-end service and installation provider in the Nordics APRIL JUNE 2018 JANUARY JUNE 2018
INTERIM REPORT April June APRIL JUNE JANUARY JUNE Net sales increased by 11% to SEK 4,79 million (4,325) Organic growth was 4% () The order backlog was 6% higher at SEK 11,139 million (1,493) EBITA increased
More informationSEK million
Fourth quarter Full year SEK million 20 20 20 20 Group Net sales 26,489 23,180 101,221 87,174 Operating profit before depreciation/amortisation (EBITDA) 1,889 1,423 6,191 5,819 Operating profit (EBIT)
More informationInterim Report. January September High sales growth continues with strengthened order book. July September January September 2015
Q3 Interim Report January September Doro AB Corporate Identity Number 556161-9429 34.5% Net sales growth 6.7% EBIT margin High sales growth continues with strengthened order book July September Net sales
More informationAmounts in SEK millions Jan Dec 2016 Jan Dec 2015 Oct Dec 2016 Oct Dec 2015
1 Year-end report 216 Rental revenue increased in total to SEK 6,251 (6,9) million. For comparable property holdings, the increase is 3 percent. The occupancy rate was 94.2 (92.6) percent. Property expenses
More informationA STRONG FINISH TO A SUCCESSFUL YEAR
The largest hotel company in the Nordics Year-End Report A STRONG FINISH TO A SUCCESSFUL YEAR FOURTH QUARTER IN SUMMARY RevPAR LFL grew by 5.2%, driven by higher occupancy and increased average room rates.
More informationInterim Report January - June 2016
Interim Report January - June AB Sagax is a property company whose business concept is to invest in commercial properties, primarily in the warehouse and light industry segment. The period in brief FIRST
More informationQuarterly Report January March 2013
ÄLVSJÖ TRAVEL CENTER Älvsjö Quarterly Report January March 2013 Operative net sales amounted to SEK 9,210 million (9,868) Operative operating profit amounted to SEK 70 million (144) Earnings per share
More informationQuarterly Report. High level of orders received with greater diversity JANUARY MARCH Net sales SEK 11,490 million (11,105)
Quarterly Report JANUARY MARCH High level of orders received with greater diversity Net sales SEK 11,490 million (11,105) Operating profit SEK 290 million (320) Operating margin 2.5 percent (2.9) Pre-tax
More informationA solid quarter and best year ever
YEAR-END REPORT, January December 2018 Helsingborg, 12 February 2019 A solid quarter and best year ever Fourth quarter of 2018 Consolidated net sales increased by 24 percent to SEK 692 m (558), of which
More informationSwedbank year-end results 2018
Swedbank year-end results 218 Birgitte Bonnesen (CEO), Anders Karlsson (CFO), Helo Meigas (CRO) Strong financial result in 218 delivered on strategic priorities SELECTED 218 DELIVERIES Continued digitisation
More informationKLÖVERN INTERIM REPORT JANUARY SEPTEMBER
KLÖVERN INTERIM REPORT JANUARY SEPTEMBER Klövern January September Income for the past quarter increased by 12 per cent to SEK 340 million (303), while income for the period January September totalled
More informationFourth quarter, February 9, 2018
Fourth quarter, February 9, 218 Overview results SEKm 216 2 FY FY 216 2 Net sales 1,83 1,355-2% 37,79 38,478-4% Adjusted EBIT 1 272 242 338 5 EBIT 272-1,12-124 -1,83 Net income for the period 27-1,375-337
More information