Fastighets AB Balder Interim report January – September 2014
- Profit from property management before tax amounted to SEK 897m (624) corresponding to SEK 4.62 per ordinary share (3.33)
- Rental income amounted to SEK 1,848m (1,363)
- Profit after tax amounted to SEK 1,658m (1,183), corresponding to SEK 9.34 per ordinary share (6.83)
- Shareholders´equity amounted to SEK 60.99 per ordinary share (48.96) and the net asset value amounted to SEK 73.78 per ordinary share (56.66)
Profit from property management increased by 44 percent and amounted to SEK 897m (624), which corresponds to SEK 4.62 per ordinary share (3.33). The profit from property management includes SEK 137m (112) in respect of associated companies.
Profit after tax amounted to SEK 1,658m (1,183) corresponding to SEK 9.34 per ordinary share (6.83). The profit before tax was impacted by changes in value in respect of properties of SEK 1,428m (457), changes in value in respect of interest rate derivatives of SEK -422m (429) and profit from participations in associated companies of SEK 225m (95).
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 – September 2014
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 4 November 2014 at 14.00.CET
Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
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 34.5 billion (24.2) as of 30 September 2014. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.