Cibus Nordic Real Estate AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 10:19 am EST
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Cibus Nordic Real Estate AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 27.79 million compared to EUR 20.25 million a year ago. Net income was EUR 24.2 million compared to EUR 12.08 million a year ago. Basic earnings per share from continuing operations was EUR 0.49 compared to EUR 0.29 a year ago. Diluted earnings per share from continuing operations was EUR 0.49 compared to EUR 0.29 a year ago.
For the nine months, sales was EUR 78.45 million compared to EUR 59.47 million a year ago. Net income was EUR 90.56 million compared to EUR 34.93 million a year ago. Basic earnings per share from continuing operations was EUR 1.9 compared to EUR 0.87 a year ago. Diluted earnings per share from continuing operations was EUR 1.9 compared to EUR 0.87 a year ago.
Cibus Nordic Real Estate AB (publ) is a Sweden-based company, which acquires, develops and manages properties within such business segments as grocery and discount store chains. It owns a portfolio consisting of more than 100 properties with lettable area of approximately 437,860 square meters. The portfolio is concentrated primarily in Sweden, Finland, Denmark and Norway. The Company's main focus lies on the Helsinki region and the southern part of Finland with tenants mainly being Kesko, Tokmanni and S-Group.
CIBUS NORDIC REAL ESTATE AB 
