Interim report January-June 2018

  • Profit from property management attributable to parent company shareholders amounted to SEK 1,485m (1,296), corresponding to an increase per share by 24 % to SEK 8.25 (6.65)
  • Rental income amounted to SEK 3,217m (2,882)
  • Profit after tax attributable to parent company shareholders amounted to SEK 3,869m (3,700) corresponding to SEK 21.49 per share (20.00)
  • Long term net asset value amounted to SEK 246.51 per share (215.59) and shareholders' equity (including listed associated companies at market value) amounted to SEK 199.14 per share (174.21)

Profit from property management for the period amounted to SEK 1,763m (1,508). Profit from property management attributable to parent company shareholders increased by 15 % and amounted to SEK 1,485m (1,296), which corresponds to an increase per share by 24 % to SEK 8.25 (6.65). Profit from property management includes SEK 311m (265) in respect of associated companies.

Net profit after tax for the period amounted to SEK 4,355m (3,966). Net profit after tax for the period attributable to parent company shareholders amounted to SEK 3,869m (3,700), corresponding to SEK 21.49 per share (20.00). Profit before tax was affected by changes in value in respect of properties of SEK 3,003m (2,709), changes in value of interest rate derivatives of SEK -57m (132) and profit from participations in associated companies of SEK 406m (561).

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

This is information that Fastighets AB Balder is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 14.00 CET on July 18, 2018.

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 109.7 billion (89.0) as of 30 June 2018. The Balder share is listed on Nasdaq Stockholm, Large Cap. 

Fastighets AB Balder (publ)
PO Box 53 121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg

balder.se


About Us

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.