Tribona AB (publ): Interim Report January-Septembe

Lund, Sweden, 2013-10-17 08:00 CEST (GLOBE NEWSWIRE) --  

Today Tribona releases its financial results for Q3 and first nine months of 2013.

Highlights first nine months 2013:

• Rental income in the quarter of SEK 116,8m (120,6) and first nine months SEK 364,7m (364,4)
• Net rental income in the quarter of SEK 104,1m (108,1) and first nine months SEK 323,7m (328,4)
• Cash flow from operations of SEK 36,2m (56,0) and first nine months SEK 143,1m (110,9)
• Earnings per share in the quarter of SEK -0,6 (1,1) and first nine months SEK 2,2 (3,5)
• Equity per share of SEK 49,6 (47,6)
• Sold the property Kolven for SEK 931m which was submitted 15 August, and extended several lease contracts in connection to this.
• Refinanced the entire loan portfolio 15 February
• Last trading date for Tribona-share at Oslo Stock Exchange was 13 May and the share was listed on NASDAQ OMX Stockholm 21 May
• Peter Strand announced in August that he, after almost three years as the CEO, will leave the Company for another employment

Highlights after end of period:

• The Board has appointed Per Johansson as the new  CEO, with effect from 17 October

CEO Per Johansson says in a comment:”It is for me a great joy to take over the trust as CEO for Tribona. I look forward to become the new CEO and continue to develop Tribona together with all skilled employees. As I see it, the Company has a unique position on the real estate market and a strong brand within the logistics market”.

Material Quarterly report and presentation will be available on investors.tribona.se before the presentation.

Presentation Tribona AB releases its financial results for Q3 and first nine months 2013 today, 17 October 2013. In connection to this, the Company will hold a presentation viaaudio 08:30 CET on the Company’s website, investors.tribona.se

Per Johansson, CEO and Tommy Åstrand, CFO will represent the company.

To ask questions during the presentation, call one of the following numbers, depending on which country you are in.

Sverige  +46 (0)8 505 204 24 Norge + 47 215 633 18 England +44 (0)20 3003 2666 USA +1212 999 6659

Participantcode: Tribona

The presentation will be held in Swedish.

For further information Per Johansson, CEO: +46 708 17 1363, e-mail: per.johansson@tribona.se Tommy Åstrand, CFO: +46 705 45 5997, e-mail: tommy.astrand@tribona.se

This information is such that Tribona AB (publ.) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 17 October 2013, 08:00 CEST.

About Tribona Tribona AB (publ) is Sweden's largest pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 18 in Sweden and one in Denmark, with a total lettable area of about 664 000 square meters. For more information, please visit www.tribona.se