Interim report January-March 2018

  • Profit from property management attributable to parent company shareholders amounted to SEK 683m (631), corresponding to an increase per share by 18 % to SEK 3.80 (3.23)
  • Rental income amounted to SEK 1,573m (1,449)
  • Profit after tax attributable to parent company shareholders amounted to SEK 2,015m (2,006) corresponding to SEK 11.20 per share (10.87)
  • Long term net asset value amounted to SEK 237.48 per share (209.23) and shareholders' equity (including listed associated companies at market value) amounted to SEK 190.60 per share (167.20)

Profit from property management for the period amounted to SEK 815m (735). Profit from property management attributable to parent company shareholders increased by 8 % and amounted to SEK 683m (631), which corresponds to an increase per share by 18 % to SEK 3.80 (3.23). Profit from property management includes SEK 151m (131) in respect of associated companies.

Net profit after tax for the period amounted to SEK 2,187m (2,212). Net profit after tax for the period attributable to parent company shareholders amounted to SEK 2,015m (2,006), corresponding to SEK 11.20 per share (10.87). Profit before tax was affected by changes in value in respect of properties of SEK 1,737m (1,883), changes in value of interest rate derivatives of SEK -16m (47) and profit from participations in associated companies of SEK 170m (224).

Analysts, investors and the media are invited to a conference call in connection with the publication of the interim report on 8 May at 14.15 CET. The presentation will be held in English.

To attend the conference call please dial +46 21-813 80 30 and use conference code 2000948218#

The presentation material will be published on balder.se.

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 May 8, 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 104.1 billion (88.4) as of 31 March 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.