Brief: Sagax AB Says HY Rental Revenue Increased 12% To Sek 1,417 M (Sek 1,261 M In Year-Earlier Period)

Sagax AB

13/07/2020 17:51

July 13 (Reuters) - Sagax AB  SAGAa.ST :
    * HY RENTAL REVENUE INCREASED 12% TO SEK 1,417 M (SEK 1,261
M IN
YEAR-EARLIER PERIOD).
    * HY PROFIT FROM PROPERTY MANAGEMENT INCREASED 23% TO SEK
1,177 M
(960)
    * HY CASH FLOW FROM OPERATING ACTIVITIES BEFORE CHANGES IN
WORKING
CAPITAL ROSE 35% TO SEK 1,296 M (957),
    * Q2 PROFIT FROM PROPERTY MANAGEMENT INCREASED 23% TO SEK
612 M
    * Q2 RENTAL REVENUE INCREASED 12% TO SEK 715 M (639 FOR
YEAR-EARLIER PERIOD)
    * PROFIT FROM PROPERTY MANAGEMENT FOR 2020, MEANING PROFIT
BEFORE
REVALUATIONS AND TAX IS EXPECTED TO AMOUNT TO SEK 2,300 M
    * Q 2 PROFIT AFTER TAX FOR PERIOD AMOUNTED TO SEK 361 M

Source text for Eikon:  ID:nWkr9ffWbk 
Further company coverage:  SAGAa.ST 

 ((Reuters.Briefs@thomsonreuters.com;))