Q1 2021 Interim Report
Cibus Nordic Real Estate AB (publ)
January - March 2021 (compared with January - March 2020)
- Rental income amounted to EUR 19,430 thousand (14,040).
- Net operating income totalled EUR 18,211 thousand (13,002).
- Profit from property management was EUR 11,570 thousand (6,840).
- Earnings after tax amounted to EUR 11,171 thousand (7,098), corresponding to EUR 0.28 (0.22) per share. Unrealised changes in property values totalling EUR 193 thousand (1,609) were included in profit.
"Monthly, growing dividends, combined with substantial growth, provide our shareholders with a stable, dividend paying share with growth included."
- Sverker Källgården, CEO
|
KEY FIGURES 1 |
2021 Q1 |
2020 Q1 |
2020 Full-year |
|
Market value of properties, EUR million |
1,270 |
1,053 |
1,273 |
|
NOI, current earnings capacity, EUR million |
72.6 |
61.0 |
72.6 |
|
Lettable area, thousand sq.m. |
744 |
628 |
744 |
|
Proportion grocery and daily goods stores, % |
95.0 |
93.9 |
95.0 |
|
Number of properties with solar panels |
28 |
12 |
26 |
|
Senior debt LTV ratio, % |
48.9 |
50.2 |
48.9 |
|
Net debt LTV ratio, % |
61.6 |
58.1 |
61.3 |
|
Interest coverage ratio, multiple |
3.4 |
3.4 |
3.3 |
|
EPRA NRV per share, EUR |
12.2 |
11.6 |
12.1 |
|
Approved dividend per share paid for the period, EUR |
0.23 |
0.22 |
0.88 |
1Refer to the full report for alternative performance measures and definitions.
For further information, please contact
Sverker Källgården, CEO
[email protected]
+46 761 444 888
Pia-Lena Olofsson, CFO
[email protected]
+46 708 580 453
Link to the report archive:
https://www.cibusnordic.com/investors/financial-reports/
This information is information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CEST on 12 May 2021.
About Cibus Nordic Real Estate
Cibus is a real estate company listed on Nasdaq First North Premier Growth Market in Stockholm. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns about 300 properties in Finland and Sweden. The main tenants are Kesko, Tokmanni, Coop and S-Group. FNCA Sweden AB, +46(0)8-528 00 399 [email protected], is appointed Certified Adviser.
Om Cibus
Cibus affärsidé är att förvärva, förädla och utveckla högkvalitativa fastigheter i Norden med välrenommerade livsmedelsbutiker och dagligvarukedjor som ankarhyresgäster för att kunna ge en stabil, konjunkturoberoende och ökande utdelning till våra aktieägare.
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