Interim Report January–September 2023
John Mattson is strengthening the company for the futureThe surplus ratio for the January to September 2023 period amounted to 72%, a record high for the company. Net operating income increased 7% and, year-on-year, EBITDA increased 11%. This was despite a smaller property portfolio following completed sales as well as continued high inflation and non-recurring costs during the second quarter. As a result of rising market interest rates during the period, income from property management declined 28% per share compared with the year-earlier period. The change in value was a decrease of 2.