Fabege AB reported unaudited consolidated and company earnings results for the first quarter ended March 31, 2013. For the quarter, on consolidated basis, reported rental income of SEK 513 million compared to SEK 453 million a year ago. The year-on-year change was due to growth through positive net lettings and completed projects. Net operating income was SEK 330 million compared to SEK 290 million a year ago. Profit before tax was SEK 620 million compared to SEK 753 million a year ago. Profit after tax was SEK 516 million compared to SEK 561 million a year ago. Earnings per share were SEK 3.14 compared to SEK 3.46 a year ago. Cash flow from operations was SEK 38 million compared to SEK 156 million a year ago. Investments and acquisition of properties were SEK 364 million compared to SEK 411 million a year ago. For the quarter, on company basis, reported income of SEK 35 million compared to SEK 25 million a year ago. Profit before tax was SEK 180 million compared to SEK 161 million a year ago. Profit for the quarter was SEK 140 million compared to SEK 118 million a year ago.

Fabege AB, Q1 2013 Earnings Call, Apr 23, 2013

At the Annual General Meeting (AGM) of Fabege AB on March 21, 2013, the shareholders approved the Board's proposal for 2012, a dividend of SEK 3.00 per share. The record date for payment of the dividend was set at March 26, 2013. It is expected that the dividend will be paid through Euroclear Sweden AB on 2 April 2013. The AGM decided to elect Gustaf Hermelin as new board member.