Fastighets AB Balder Interim report January – June 2015
- Profit from property management before tax increased to SEK 763m (537), corresponding to an increase per ordinary share of 51 per cent to SEK 4.08 (2.71)
- Rental income amounted to SEK 1,370m (1,193)
- Profit after tax amounted to SEK 1,595m (1,370), corresponding to SEK 9.21 per ordinary share (7.88)
- Shareholders´equity amounted to SEK 89.33 per ordinary share (59.17) and the net asset value amounted to SEK 106.16 per ordinary share (70.82)
Profit from property management increased by 42 per cent and amounted to SEK 763m (537), which corresponds to an increase per ordinary share with 51 per cent to SEK 4.08 (2.71). Profit from property management includes SEK 181m (86) in respect of associated companies.
Profit after tax for the period amounted to SEK 1,595m (1,370) corresponding to SEK 9.21 per ordinary share (7.88). Profit before tax was affected by changes in value of properties of SEK 793m (1,301), changes in value of interest rate derivatives of SEK 142m (-303) and profit from participations in associated companies of SEK 326m (190).
For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Director of Economy Magnus Björndahl, +46 735 582 929
Enclosure: Interim report January – June 2015
Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 21 August, 2015 at 14.00.CEST
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 38.1 billion (33.7) as of 30 June 2015. The Balder share is listed on Nasdaq Stockholm, Large Cap.
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