Fastighets AB Balder Interim report January – March 2016

  • Profit from property management before tax attributable to parent company shareholders amounted to SEK 468m (323) corresponding to an increase per ordinary share by 44 per cent to SEK 2.42  (1.68)
  • Rental income amounted to SEK 1,258m (685)
  • Profit after tax attributable to parent company shareholders amounted to SEK 707m (435), corresponding to SEK 3.81 per ordinary share (2.37)
  • Shareholders´equity (incl Collector AB at market value) amounted to SEK 136.39 per ordinary share (72.72) and the net asset value amounted to SEK 170.15 per ordinary share (90.70)   

Profit from property management attributable to parent company shareholders increased by 45 percent and amounted to SEK 468m (323), which corresponds to an increase per ordinary share by 44 per cent to SEK 2.42 (1.68). Profit from property management includes SEK 79m (55) in respect of associated companies.

Net profit after tax amounted to SEK 775m (435). Net profit after tax for the period attributable to parent company shareholders amounted to 707m (435) corresponding to SEK 3.81 per ordinary share (2.37). Profit before tax was affected by changes in value in respect of properties of SEK 625m (402), changes in value of interest rate derivatives of SEK -236m (-179) and profit from participations in associated companies of SEK 81m (51).

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 – March 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 10 May 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 69.8 billion (38.1) as of 31 March 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.