Builder Anders J Ahlström Holding AB (publ): Interim report 2017-quarter 1

Builder Anders J Ahlström Holding AB (publ): Interim report 2017-quarter 1

Stockholm 2017-05-15

Builder Anders J Ahlström Holding AB (publ) (hereinafter referred to as the AJA Holding or the Company) today publishes the interim report for the 1st quarter of 2017 for the parent company and for the group.

With the amount in parentheses referred to in the following outcomes in the corresponding period of the previous year.

The group in summary

1 January – 31 march

  • Rental income by 25.5 m (25.8 m)

  • Consulting fees 26.7 million (19.9 m)

  • Gross profit is 21.5 m (19.9 m)

  • Prot margin real estate operations 50,4% (51,6)

  • Gross margin for the consulting business accounted for 32.3% (33.0)

  • Operating income of 10.8 m (10.0)

  • Recognised unrealised gains and losses on derivative financial instruments -13,3 m (-0,2)

  • The carrying value included development rights 1 330,5 m (1 325,0)

  • Comprehensive income-6.9 million (2,5)

  • Free cash flow of 0.8 m (3.3)

  • Earnings per share -1,04 crowns (0,31)

  • Net asset value per share 120,33 crowns (121,30)


Significant events during the first quarter of 2017

In the beginning of February and chose the Builder, Anders J Ahlström Fastighets AB, with its subsidiaries to hedge the loan portfolio by signing financial derivatives in the form of interest rate swaps on a total of 600 million SEK. Räntesäkringen is equivalent to over 87 per cent of the total loan portfolio. The agreements have been concluded on the following durations:

· 120 million $ in 7 years

· 120 million $ in 8 years

· 120 million $ in 9 years

· 240 million $ in 10 years

Interest rate swap agreements mean that the group has an average interest rate throughout the loan portfolio, including margin of approximately 4%. Average interest rate on the concluded the swap agreement is 1.16%. Average fixed-interest period amounts to 7.5 years.

Significant events after the end of the period

At the annual general meeting on 25 april 2017 set a dividend of 0,60 sek (0,53) per share of common stock of series A and B for fiscal year 2016. The dividend is equivalent to about 15% (25%) of the net profit for the year 2016, adjusted for unrealised changes in value.

All the members of the board of directors were re-elected and Mikael Ahlström remained as chairman of the board.

For more information, please contact:

Stefan Dahlbo, President | Builder Anders J Ahlström Holding AB (publ) |

+46-70-353 18 88 |

This information is such information as the master Builder Anders J Ahlström Holding AB (publ) is obliged to publish under the Swedish securities market act. The information was submitted for publication on may 15, 2017, at 07:00.

Builder Anders J Ahlström Holding AB (publ) is the parent of a socially-orientated property group with a vision to be the leading socially-oriented property group who, through great dedication and an innovative and long term approach to create a win-win-win situation for residents, clients, owners, society and other stakeholders.

AJA Holdings, B-shares have been traded since 2014 on the Nasdaq First North Stockholm (ISIN SE0006510491).

Avanza Bank AB is AJA, the Holdings of the Certified Adviser.

Builder Anders J Ahlström Holding AB (publ)

Corporate identity number: 556943-7774

Address: Domarebacken 38, 145 57 Norsborg

Tel switchboard: 042-21 00 08


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