Q3 2019 Wihlborgs Fastigheter AB Earnings Call Transcript
Ladies and gentlemen, welcome to Wihlborgs Fastigheter AB Q3 Report 2019. (Operator Instructions) Today, I am pleased to present CEO, Ulrika Hallengren; and CFO, Arvid Liepe. Please begin your meeting.
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Hello, and welcome to the presentation of Wihlborg's 9 months results 2019. Even if we hear and see signals about a weaker market around us, our customers in our region act if -- as if they don't pay those signals too much attention. They are probably too busy with their business.
We continue to have a very strong net letting. Actually, 2019 is our second best year ever in the net letting first 9 months. We have, during this period, increased our rental income with 11% to SEK 2.218 billion. The operating surplus increased with 10% up to SEK 1.615 billion. And income from property management increased with 25% to SEK 1.318 billion. This continuously strong result comes again from good performance, both in property management and reduced financing costs compared to 2018
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