Brief: Wihlborgs Fastigheter Proposes Dividend Of SEK 3.15 Per Share

Wihlborgs Fastigheter AB

13/02/2024 06:48

Feb 13 (Reuters) - Wihlborgs Fastigheter AB  WIHL.ST :
    * PROPOSES A DIVIDEND OF SEK 3.15 PER SHARE
    * SAYS HAVE NEVER SIGNED NEW LEASES AT SUCH A HIGH VALUE AS
WE DID
Q4, OF SEK 146 MILLION
    * WITH IMPROVED EARNINGS AND SLOWLY DECLINING BORROWINGS IN
Q4, WE
CAN CONTINUE TO STRENGTHEN THE NET DEBT/EBITDA RATIO, WHICH NOW
STANDS AT A MULTIPLE OF 10.3
    * IN Q4, WIHLBORGS RENTAL INCOME INCREASED 9 PERCENT
YEAR-ON-YEAR
    * Q4 INCOME PROPERTY MANAGEMENT SEK 366 MILLION VERSUS SEK 
436
MILLION YEAR AGO
    * NEGATIVE CHANGE IN VALUE IN Q4 OF SEK 297 MILLION,
CORRESPONDING
TO 0.5 PERCENT
    * WITH IMPROVED EARNINGS AND SLOWLY DECLINING BORROWINGS, WE
CAN
CONTINUE TO STRENGTHEN NET DEBT/EBITDA RATIO, WHICH NOW STANDS
AT MULTIPLE OF 10.3
    * YEAR-END LOAN-TO-VALUE RATIO WAS 50.0 PERCENT

Source text for Eikon:  ID:nWkr5X32K5 
Further company coverage:  WIHL.ST 

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