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The income of the real estate company Castellum, one of the largest listed real estate companies in Sweden, amounted to 2.7 billion Swedish kronor in the first half, compared to 2.6 billion kroner for the same period of the previous year.
The management profit amounted to 1,420 million SEK, against 1,248 million SEK during the same period last year. This corresponds to SEK 5.20 per share, compared to SEK 4.57 per share, an increase of 14%
Changes in the value of properties amounted to SEK 827 million, compared to SEK 1 824 million. for the same period in 2017.
Profit after tax for the period amounts to 2,425 million Swedish kronor, compared to 2,647 million Swedish kroner for the same period last year. This corresponds to 8.88 Swedish kronor per share, as against 9.69 Swedish kroner per share
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"Castellum is again enjoying a good half-year with good growth on all fronts. As a result of the corresponding period of the previous year, the growth of the management result is 14% .This makes me even more certain in my previous guide that Castellum, in its current state, has a good chance achieve the goal of a 10% improvement in the management result by 2018, "comments CEO Henrik Saxborn, 19659002]" The rate of change at Castellum is high and occurs in parallel in many different areas. Castellum has taken a new step by positioning itself as a Nordic platform through the company's first acquisition on the Finnish market. In addition, we focus on the growing and strategic logistics portfolio of the company, as well as on the development of an innovative concept of co-working. "
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