English

Interim report January-September 2019

Report this content
  • Profit from property management attributable to parent company shareholders amounted to SEK 2,970m (2,428), corresponding to an increase per share by 22 % to SEK 16.50 (13.49)
     
  • Long term net asset value amounted to SEK 313.73 per share (269.66) 
     
  • Rental income amounted to SEK 5,577m (4,926)
     
  • Profit after tax attributable to parent company shareholders amounted to SEK 4,473m (7,269) corresponding to SEK 24.85 per share (40.38)

Profit from property management for the period amounted to SEK 3,398m (2,862). Profit from property management attributable to parent company shareholders increased by 22 % and amounted to SEK 2,970m (2,428), corresponding to SEK 16.50 per share (13.49). Profit from property management includes SEK 612m (485) in respect of associated companies.

Net profit after tax for the period amounted to SEK 5,060m (7,955). Net profit after tax for the period attributable to parent company shareholders amounted to SEK 4,473m (7,269), corresponding to SEK 24.85 per share (40.38). Profit before tax was affected by changes in value in respect of investment properties of SEK 2,953m (6,351), changes in value of development properties of SEK 95m (-), changes in value of interest rate derivatives of SEK -473m (24) and profit from participations in associated companies of SEK 726m (590).

For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
CFO Magnus Björndahl, +46 735 582 929

This is information that Fastighets AB Balder is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08.00 CET on October 25, 2019.


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 133.2 billion (114.5) as of 30 September 2019. The Balder share is listed on Nasdaq Stockholm, Large Cap.

Fastighets AB Balder (publ)
PO Box 53 121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
balder.se

Subscribe

Documents & Links