Fastighets AB Balder Interim report January – March 2015

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  • Profit from property management before tax amounted to SEK 323m (234) corresponding to SEK 1.68 per ordinary share (1.15)
  • Rental income amounted to SEK 685m (566)
  • Profit after tax amounted to SEK 435m (282), corresponding to SEK 2.37 per ordinary share (1.45)
  • Shareholders´equity amounted to SEK 72.72 per ordinary share (54.02) and the net asset value amounted to SEK 90.70 per ordinary share (63.41)  

Profit from property management increased by 38 percent and amounted to SEK 323m (234), which corresponds to SEK 1.68 per ordinary share (1.15). The profit from property management includes SEK 55m (39) in respect of associated companies.

Profit after tax amounted to SEK 435m (282) corresponding to SEK 2.37 per ordinary share (1.45). The profit before tax was impacted by changes in value in respect of properties of SEK 402m (247), changes in value in respect of interest rate derivatives of SEK -179m (-124) and profit from participations in associated companies of SEK 51m (33).

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 – March 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 6 May 2015 at 12.00.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 (29.1) as of 31 March 2015. The Balder share is listed on Nasdaq OMX Stockholm, Large Cap.

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