Correction in Comments by the CEO in Balder’s Interim report January-September 2022

Report this content

Unfortunately, a translation error has been discovered in the English version of Comments by the CEO in Balder's Interim report published at 08:00 on 28 October 2022.

A correction of translation needs to be made for the last sentence in the paragraph Projects, investments and key ratios on page 3. The correct wording is:

“All together this results in a decreased debt (with constant exchange rates) combined with an increase in net operating income, which results in an improvement of the key ratio Net debt/EBITDA and consequently we will successively be able to handle a slightly higher cost of interest.”

Please find attached the correct version of the Interim report January-September 2022.

As of 13:00 CET we have updated the English Interim report, that was sent out at 08:00 CET, both on Balder’s website and Cision’s newsroom. 

For further information, please contact:
Erik Selin, CEO, tel. +46 (0)31-10 95 92
Ewa Wassberg, Head of Finance, tel. +46 (0)31-351 83 99

This is information that Fastighets AB Balder is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 28 October 2022.

Fastighets AB Balder is a listed property company that owns, manages and develops residential and commercial properties in Sweden, Denmark, Finland, Norway, Germany and the United Kingdom. The head office is located in Gothenburg. As of 30 September 2022, the property portfolio had a value of SEK 213.2 billion. The Balder share is listed on Nasdaq Stockholm, Large Cap.