Trade Wihlborgs Fastigheter - WIHL CFD

Wihlborgs Fastigheter Company profile

About Wihlborgs Fastigheter AB

Wihlborgs Fastigheter AB is a Sweden-based company active within the real estate sector. The Company is engaged in the ownership, management and development of primarily commercial real estate properties in the Swedish cities of Malmo, Lund and Helsingborg, as well as Copenhagen in Denmark. The Company operates two divisions, namely Property Management, which is organized in nine geographically defined sub-areas, and Business Development, which consists of two units: Project & Development, and Transactions. Projects & Development deals with new build and redevelopment projects, as well as procurement, while Transactions manages all the Company’s purchases and sales of properties.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Wihlborgs Fastigheter AB revenues decreased less than 1% to SEK3.06B. Net income increased 51% to SEK3.35B. Revenues reflect market conditions. Net income benefited from Net Operating Income Copenhagen increase of 10% to SEK458M, Change in value of properties increase from SEK826M to SEK2.15B (income), Change in value of derivatives increase from SEK73M (expense) to SEK202M (income).

Equity composition

05/2006, 2-for-1 stock split. 5/2011, 2-for-1 stock split (Factor: 2). 05/2011, 2-for- stock split (Factor: 2). 5/2018, 2-for-1 stock split (Factor: 2).