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Year-end Report 2018

Report 2/1/2019 2:00 PM

POSITIVE SALES DEVELOPMENT – GOOD LEVEL OF HOUSING STARTS

Revenue decreased to SEK 16,161m (17,008) and the operating profit decreased to SEK 1,886m (2,369). The operating margin decreased to 11.7 percent (13.9)

Profit before tax decreased to SEK 1,817m (2,579) 1). Profit after tax decreased to 1,438m (2,194) 1)

Return on equity for the past twelve months decreased to 22.2 percent (38.7) 1). Earnings per share during the year decreased to SEK 20.60 (31.00) 1)

Consolidated cash flow including net investment in properties was SEK –473m (2,013)

The number of residential units sold decreased to 2,463 (3,100) and housing starts decreased to 3,135 (3,873)

Surplus value of development properties was SEK 7.0bn (7.2)

Dividend for 2018. The Board of Directors proposes a dividend of SEK 12.00 (11.00)

1) Including gains sale of participations in Småa of SEK 275m in 2017 

Financial information according to segment reporting.