Fastighets AB Balder Interim report January – September 2016

  • Profit from property management before tax attributable to parent comany shareholders amounted to SEK 1,615m (1,298), corresponding to an increase per ordinary share by 20 % to SEK 8.49 (7.07)
  • Rental income amounted to SEK 3,946m (2,031)
  • Profit after tax attributable to parent company shareholders amounted to SEK 2,938m (2,410), corresponding to SEK 16.16 per ordinary share (13.92)
  • The net asset value amounted to SEK 184.72 per ordinary share (116.06) and shareholders´ equity (including listed associated companies at market value) amounted to SEK 146.16 per ordinary share (97.39)    

Profit from property management for the period amounted to SEK 1,911m (1,298). Profit from property management attributable to parent company shareholders increased by 24 % and amounted to SEK1,615m (1,298), which corresponds to an increase per ordinary share by 20 % to SEK 8.49 (7.07). Profit from property management includes SEK 294m (329) in respect of associated companies.

Net profit after tax for the period amounted to SEK 3,389m (2,410). Net profit after tax for the period attributable to parent company shareholders amounted to SEK 2,938m (2,410) corresponding to SEK 16.16 per ordinary share (13.92). Profit before tax was affected by changes in value in respect of properties of SEK 2,721m (1,371), changes in value of interest rate derivatives of SEK -426m (30) and profit from participations in associated companies of SEK 355m (472).

 
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 – September 2016

This information is information that Fastighets AB Balder (publ) 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 14:00 CET on November 3, 2016.

 
Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
www.balder.se

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 79.9 billion (39.9) as of 30 September 2016. The Balder share is listed on Nasdaq Stockholm, Large Cap.

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