Interim report Q2 2021

April - June 2021 (compared with April - June 2020)

  • Rental income amounted to EUR 19,797 thousand (16,366).
  • Net operating income totalled EUR 18,472 thousand (15,100).
  • Profit from property management was EUR 10,834 thousand (7,801).
  • Earnings after tax amounted to EUR 11,672 thousand (8,883), corresponding to EUR 0.29 (0.24) per share. Unrealised changes in property values totalling EUR 2,357 thousand (3,002) were included in profit.

January - June 2021 (compared with January - June 2020)

  • Rental income amounted to EUR 39,228 thousand (30,406).
  • Net operating income totalled EUR 36,683 thousand (28,103).
  • Profit from property management was EUR 22,404 thousand (14,642).
  • Earnings after tax amounted to EUR 22,843 thousand (15,980), corresponding to EUR 0.57 (0.45) per share. Unrealised changes in property values totalling EUR 2,540 thousand (4,611) were included in profit.

"We have delivered in accordance with our promises to the market regarding the change of list and achieving growth clearly above our targets."

- Sverker Källgården, CEO

Key figures 1

2021
Q2

2020
Q2

2021
Jan - Jun

2020
Jan - Jun

Market value of properties, EUR million

1,331

1,124

1,331

1,124

NOI, current earnings capacity, EUR million

76.0

64.5

76.0

64.5

Lettable area, thousand sq.m.

784

664

784

664

Proportion grocery and daily goods stores, %

94.1

94.2

94.1

94.2

Number of properties with solar panels

32

15

32

15

Senior debt LTV ratio, %

48.5

49.0

48.5

49.0

Net debt LTV ratio, %

60.1

60.5

60.1

60.5

Interest coverage ratio, multiple

3.4

3.6

3.4

3.5

EPRA NRV per share, EUR

12.3

11.8

12.3

11.8

Approved dividend per share paid for the period, EUR

0.23

0.22

0.46

0.44

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/

About Cibus Nordic Real Estate

Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. 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 more than 300 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop, Lidl and S Group.

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 18 August 2021.

Nerladdningsbara filer

Delårsrapport Q2 2021


Interim report Q2 2021


Delårsrapport Q1 2021


Interim Report Q1 2021


Årsredovisning 2020


Annual report 2020


Bokslutskommuniké 2020


Year-end report 2020


Delårsrapport Q3 2020


Interim Report Q3 2020


Delårsrapport Q2 2020


Interim Report Q2 2020


Delårsrapport Q1 2020


Interim Report Q1 2020


Årsredovisning 2019


Annual report 2019


Vuosikatsaus 2019


Bokslutskommuniké 2019


Year-end report 2019


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