Continued strong development for the profit in Klövern

2005-02-09

“It is very satisfying to be able to report a strong increase in the result for the year and earnings per share”, says Klövern’s CEO Gustaf Hermelin and adds that there is more to give. “Klövern’s vacancies are our greatest result potential and we will be making great efforts with letting work during 2005.”
 
Klövern’s board recommends the annual general meeting of shareholders that dividend be increased to SEK 0.75 per share (0.50), which is slightly more than 50 per cent of the result after financial items.
 
With the acquisition of properties, mainly in Linköping, which are being handed over on 1 March, it is evident that Klövern’s strong expansion will continue in 2005. After handover of possession, the value of Klövern’s properties will be almost SEK 5 billion.
 
Nyköping, 9 February 2005
Klövern AB (publ)
 
 
For further information, please contact:
Gustaf Hermelin, CEO, tel +46-(0)155-44 33 10, +46-(0)70-560 00 00, gustaf.hermelin@staging-wwwklovernse.wp4.triggerfish.cloud
Anders Lundquist, CFO, tel +46-(0)155-44 33 20, +46-(0)70-528 43 33, anders.lundquist@staging-wwwklovernse.wp4.triggerfish.cloud
Britt-Marie Einar, Information Manager, tel +46-(0)155-44 33 12, +46-(0)70-224 29 35,
 
 
*Calculated on average number of shares during the year.
 
 
 
Enclosed: Year end report 2004.