Fastighets AB Balder Interim report January – June 2016

  •  Profit from property management before tax attributable to parent comany shareholders amounted to SEK 1,015m (763), corresponding to an increase per ordinary share by 30 % to SEK 5.31 (4.08)
  •  Rental income amounted to SEK 2,565m (1,370)
  •  Profit after tax attributable to parent company shareholders amounted to SEK 1,733m (1,595), corresponding to SEK 9.47 per ordinary share (9.21)
  •  Shareholders´equity (including Collector AB at market value) amounted to SEK 132.45 per ordinary share (89.33) and the net asset value amounted to SEK 169.39 per ordinary share (106.16)  

Profit from property management for the period amounted to SEK 1,199m (763). Profit from property management attributable to parent company shareholders increased by 33 % and amounted to SEK1,015m (763), which corresponds to an increase per ordinary share by 30 % to SEK 5.31 (4.08). Profit from property management includes SEK 179m (181) in respect of associated companies.

Net profit after tax for the period amounted to SEK 1,959m (1,595). Net profit after tax for the period attributable to parent company shareholders amounted to SEK1,733m (1,595) corresponding to SEK 9.47 per ordinary share (9.21). Profit before tax was affected by changes in value in respect of properties of SEK 1,651m (793), changes in value of interest rate derivatives of SEK -429m (142) and profit from participations in associated companies of SEK 196m (326).

For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Director of Economy Magnus Björndahl, +46 735 582 929

Enclosure:     Interim report January – June 2016

Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 23 August, 2016 at 14.00.CEST

 
Fastighets AB Balder (publ)

PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg

www.balder.se

Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 77.5 billion (38.1) as of 30 June 2016. The Balder share is listed on Nasdaq Stockholm, Large Cap.

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Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 37,4 billion as of 31 December 2014. The Balder share is listed on Nasdaq OMX Stockholm, Large Cap.