NPRO: 4Q and full year 2023 – Acquistion of the Telegrafen property and very strong underlying operations
·Revenues for the fourth quarter were MNOK 292, increasing from MNOK 268 in the same quarter last year. ·Operating profit before value adjustments and JVs was MNOK 232 for the fourth quarter ·This is up 17% compared with same quarter last year, and an approvement of 9% for the whole year ·Profit before income tax and value adjustments was MNOK 51 for the fourth quarter, corresponding to NOK 0.08 per share for the quarter. ·Negative fair-value adjustments for the properties of NOK 895 million (-3.6 %) and negative changes for the derivatives of NOK 86 million.