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Year-end report January-December 2020

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  • Profit from property management attributable to parent company shareholders amounted to SEK 4,244m (4,023), corresponding to an increase per share by 5 % to SEK 23.51 (22.35)
  • Long term net asset value amounted to SEK 387.38 per share (341.70)
  • Rental income amounted to SEK 8,134m (7,609)
  • Profit after tax attributable to parent company shareholders amounted to SEK 6,641m (8,958) corresponding to SEK 36.79 per share (49.77)
     

Profit from property management for the year amounted to SEK 4,900m (4,604). Profit from property management attributable to parent company shareholders increased by
5 % and amounted to SEK 4,244m (4,023), corresponding to SEK 23.51 per share (22.35). Profit from property management includes SEK 663m (787) in respect of associated companies.

Net profit after tax for the year amounted to SEK 7,275m (11,526). Net profit after tax for the year attributable to parent company shareholders amounted to SEK 6,641m (8,958), corresponding to SEK 36.79 per share (49.77). Profit before tax was affected by changes in value in respect of investment properties of SEK 3,453m (9,577), profit from sales of development properties SEK 174m (95), changes in value of interest rate derivatives of SEK -141m (-180) and profit from participations in associated companies of SEK 897m (876).

For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848

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 08.00 CET on February 11, 2021.

 

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 152.0 billion (143.7) as of 31 December 2020. 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

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