NPRO: 1Q 2022 – The end of covid restrictions has resulted in revenue growth, a strong transaction market in core areas has contributed to increased property values and good profit for the company
· Revenues for the first quarter were MNOK 242.5, up from MNOK 225.7 in the same quarter last year · Operating profit before fair-value adjustments was MNOK 204.2, corresponding to NOK 0.32 per share · Positive fair-value adjustments in the quarter were MNOK 560 for real estate and MNOK 123 for derivatives · Profit for the period was MNOK 636.2, which gives a profit per share (EPS) of NOK 0.99 for the first quarter · Net amount of new rental contracts for the quarter was MNOK 44.4 · Long-term Net Reinstatement Value (NRV) was NOK 25.76 per share, an increase of 2.3%. The book