Interim Report January-June 2019
- Profit from property management attributable to parent company shareholders amounted to SEK 1,911m (1,485), corresponding to an increase per share by 29 % to SEK 10.61 (8.25)
- Long term net asset value amounted to SEK 300.42 per share (246.51)
- Rental income amounted to SEK 3,663m (3,217)
- Profit after tax attributable to parent company shareholders amounted to SEK 2,621m (3,869) corresponding to SEK 14.56 per share (21.49)
Profit from property management for the period amounted to SEK 2,159m (1,763). Profit from property management attributable to parent company shareholders increased by 29 % and amounted to SEK 1,911m (1,485), corresponding to SEK 10.61 per share (8.25). Profit from property management includes SEK 401m (311) in respect of associated companies.
Net profit after tax for the period amounted to SEK 2,966m (4,355). Net profit after tax for the period attributable to parent company shareholders amounted to SEK 2,621m (3,869), corresponding to SEK 14.56 per share (21.49). Profit before tax was affected by changes in value in respect of investment properties of SEK 1,603m (3,003), changes in value of interest rate derivatives of SEK -287m (-57) and profit from participations in associated companies of SEK 462m (406).
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 July 17, 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 129.2 billion (109.7) as of 30 June 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