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November 11, 2021
Q3 2021 Interim Report Cibus Nordic Real Estate AB (publ)

July - September 2021 (compared with July - September 2020)

- Rental income amounted to EUR 20,245 thousand (17,011).
- Net operating income totalled EUR 19,269 thousand (16,630).
- Profit from property management was EUR 12,537 thousand (9,521).
- Earnings after tax amounted to EUR 12,082 thousand (9,478), corresponding to EUR 0.29 (0.25) per share. Unrealised changes in property values totalling EUR 1,824 thousand (507) were included in profit.

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

- Rental income amounted to EUR 59,473 thousand (47,417).
- Net operating income totalled EUR 55,952 thousand (44,732).
- Profit from property management was EUR 34,941 thousand (24,163).
- Earnings after tax amounted to EUR 34,925 thousand (25,458), corresponding to EUR 0.87 (0.71) per share. Unrealised changes in property values totalling EUR 4,364 thousand (5,117) were included in profit.

"We have a strong and exciting pipe line with potential acquisitions in all Nordic countries."
- Sverker Källgården, CEO

Key figures 1

2021
Q3

2020
Q3

2021
Jan - Sep

2020
Jan - Sep

Market value of properties, EUR million

1,336

1,143

1,336

1,143

NOI, current earnings capacity, EUR million

76.3

65.6

76.3

65.6

Lettable area, thousand sq.m.

789

677

789

677

Proportion grocery and daily goods stores, %

94.1

94.3

94.1

94.3

Number of properties with solar panels

38

23

38

23

Senior debt LTV ratio, %

48.5

49.1

48.5

49.1

Net debt LTV ratio, %

60.1

61.3

60.1

61.3

Interest coverage ratio, multiple

3.6

3.1

3.4

3.4

EPRA NRV per share, EUR

12.4

11.8

12.4

11.8

Approved dividend per share paid for the period, EUR

0.23

0.22

0.69

0.66

1Refer to the full report for alternative performance measures and definitions.

For further information, please contact

Sverker Källgården, CEO
sverker.kallgarden@cibusnordic.com
+46 761 444 888

Pia-Lena Olofsson, CFO
pia-lena.olofsson@cibusnordic.com
+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 CET on 11 November 2021.