News

16 februari, 2018

Year-end report 1 January – 31 December 2017

Fourth quarter (1 October – 31 December 2017)
Net sales for the quarter amounted to MSEK 60 (290).
Operating profit before depreciation and amortisation (EBITDA) was MSEK 40 (61), of which associates had an impact of MSEK 7 (0) on the Group. Operating cash flow was MSEK 31 (41).
Operating profit (EBIT) was MSEK 22 (33).
Profit before tax amounted to MSEK 6 (12).
Profit after tax totalled MSEK 5 (10), corresponding to SEK 0.14 (0.30) per share.
Production declined to 202 GWh (238), of which Own wind power operations accounted for 108 GWh (128) and Co-owned wind power operations for 94 GWh (110), due to divestment of operating farms.
Average income from Own wind power operations was SEK 403 per MWh (433), of which SEK 280 per MWh (310) pertained to electricity and SEK 122 per MWh (122) to electricity certificates.
Repurchase of secured bonds at a nominal amount of about MSEK 52 was carried out.
An option agreement was signed with the right to acquire the Enviksberget project (app. 35 MW).

Full-year (1 January – 31 December 2017)
Net sales for the period amounted to MSEK 257 (594).
Operating profit before depreciation and amortisation (EBITDA) was MSEK 131 (138), of which associates had an impact of MSEK 7 (0) on the Group. Operating cash flow was MSEK 96 (185).
A decision was made during the year to recognise impairment of MSEK 152 (18) on the company’s assets in relation to Own wind power operations and Development and management.
Underlying EBIT (EBIT before non-cash impairment) was MSEK 54 (51) and EBIT was MSEK -99 (33).
Underlying loss before tax (loss before tax and non-cash impairment) amounted to MSEK -26 (-34).
Loss before tax amounted to MSEK -178 (-52) after non-cash impairment.
Loss after tax and impairment amounted to MSEK -180 (-41), corresponding to SEK -5.39 (-1.23) per share.
Production declined to 635 GWh (640), of which Own wind power operations accounted for 348 GWh (353) and Co-owned wind power operations for 287 GWh (287), due to divestment of operating farms.
Average income from Own wind power operations was SEK 380 per MWh (433), of which SEK 272 per MWh (297) pertained to electricity and SEK 109 per MWh (136) to electricity certificates.

Halmstad 16 February, 2018
ARISE AB (publ)

For further information, please contact
Daniel Johansson, VD Arise AB, +46 702 244 133
Linus Hägg, CFO Arise AB, +46 702 448 916

This information is information that Arise AB] is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication through the agency of the contact persons set out above, at 08.00 CET on 16 February 2018.

About Arise
Arise is one of Sweden’s leading wind power companies, with the business concept to develop, build and manage onshore wind farms for its own account and on behalf of investors. The company is listed on NASDAQ Stockholm.

Arise AB (publ), P.O. Box 808, SE-301 18 Halmstad, Sweden, telephone +46 (0)10 450 71 00, corporate id .no. 556274-6726
E-mail info@arise.se, www.arise.se


9 februari, 2018

Power production in January 52.7 GWh

Weaker winds than normal in January resulted in a power production of 52.7 GWh, compared to the month’s budget of 70.1 GWh.
Of this 30.7 GWh refers to Own wind power production and 22.0 GWh to Co-owned power production, compared to the month’s budget of 36.0 GWh and 34.1 GWh.

Halmstad 9 February, 2018
ARISE AB (publ)

For further information, please contact
Daniel Johansson, CEO Arise AB, +46 702 244 133

This information is information that Arise AB is obliged to make public pursuant to the EU MarketAbuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 12.30 CET on 9 February, 2018.


8 februari, 2018

Share acquisition in IPM completed

Catella announced on 27 November 2017 that the company had entered into an agreement with a number of existing shareholders in IPM Informed Portfolio Management B.V. (“IPM B.V.”) to secure continued control of its subsidiary IPM Informed Portfolio Management AB (“IPM AB”). The acquisition was conditional upon certain terms that have now been met, and the transaction has been completed.
Catella’s acquisition of shares in IPM B.V. was conditional in part upon approval by the financial supervisory authority in Luxembourg, Commission de Surveillance du Secteur Financier (CSSF), and the general meeting of shareholders in Catella AB. These conditions have now been met. Catella has therefore, through the bid described in greater detail in the press release of 27 November 2017, acquired approximately 13 percent of the shares in IPM B.V. The deal is based on an enterprise value for IPM AB of approximately SEK 2 billion and the acquisition price amounted to SEK 198.5 million. An earnout will be payable equivalent to 50 percent of the acquired shares’ proportion of IPM AB’s net profit after tax for 2017. Catella’s direct and indirect ownership of IPM AB following the transaction amounts to 60.6 percent.

For more information, please contact:
Knut Pedersen
CEO and President
+46 8 463 33 10
knut.pedersen@catella.se
Erik Kjellgren
Head of Equity, Hedge and Fixed Income Funds
+46 8-614 25 12, +46 70-314 40 35
erik.kjellgren@catella.se

About Catella: Catella is a leading specialist in property investments, fund management and banking, with operations in 14 European countries. The group has assets under management of approximately SEK 170 billion. Catella is listed on Nasdaq Stockholm in the Mid Cap segment. Read more online at catella.com.


9 januari, 2018

Power production in December 71.1 GWh

2018-01-09
Better winds than normal in December resulted in a power production of 71.1 GWh, compared to the month’s budget of 63.2 GWh.
Of this 37.3 GWh refers to Own wind power production and 33.8 GWh to Co-owned wind power production, compared to the month’s budget of 35.0 GWh and 28.2 GWh.
In total the Company produced 635 GWh last year, which is approx. 1 % over budget. Of this 348 GWh refers to Own wind power production and 287 GWh to Co-owned wind power production.

Halmstad 9 January, 2018
ARISE AB (publ)

For further information, please contact
Linus Hägg, CFO Arise AB, +46 702 448 916

 


27 december, 2017

CA Fastigheter AB sells shopping mall in down town Tallinn, Estonia

Press release

CA Fastigheter AB has today, via a subsidiary, signed a sales contract regarding the Shopping Mall “Postimaja”, Narva Mnt 1, in the very center of Tallinn, Estonia. The buyer is Baltic Horizon Fund.

The parties did agree on both signing and closing as of today but, due Estonian regulation, the Estonian Competitian Authority has to give its merger clearance to the transaction. Closing will instead occur by latest in February 2018.

CA Fastigheter AB acquired the property in 2010. Originally the property was erected as the HQ of Estii Post. By the time of acquisition the property were more or less evacuated. During the following years the property were totally reconstructed and developed into a modern Shopping Mall with a total GLA of approx. 9 000 sqm.
The grand opening took place in 2013 with anchor tenants like for example RIMI and H&M.

CA Fastigheter AB´s real estate portfolio in Tallinn is after this sale consisting of a couple of office and industrial properties.

”This sale is in line with our strategy of property development after which we either place it in our own property portfolio or put it for sale. In this case we chose the latter although the property has the very best of locations and therefor probably has a good chance of future increase in value”, says CA Fastigheter AB´s CEO Johan Damne.
”We are glad to again have proven that yet another development project has created substantial value add for the CA Group”, Johan Damne continues.

”We are convinced that we have found the perfect buyer, Baltic Horizon, due to their potential of merging this property with their adjacent property ”Coca Cola Plaza” and thereby enabling further development. Our future presence in the Tallinn market has now to be considered. Whether we would like to increase our portfolio in Tallinn or focus on other markets is too early to tell”, says Andreas Claesson, Head of Estonia for CA Fastigheter AB.
For more information, please visit www.cafastigheter.se or contact

Johan Damne, CEO CA Fastigheter AB, telephone +46705860330 or
Andreas Claesson, Head of Estonia, telephone +46705662202