Brief: Balder Q2 Rental Income Rises To SEK 3,186 Mln

Fastighets AB Balder

16/07/2024 07:08

July 16 (Reuters) - Fastighets AB Balder  BALDb.ST :
    * Q2 RENTAL INCOME AMOUNTED TO SEK 3,186M (2,943)
    * Q2 NET OPERATING INCOME AMOUNTED TO SEK 2,381M (2,201)
    * Q2 UNREALISED CHANGES IN VALUE OF INVESTMENT PROPERTIES
AMOUNTED
TO SEK –247M (–2,644)
    * Q2 AVERAGE YIELD REQUIREMENT WAS 4.9% (4.8).
    * Q2 NET PROFIT AFTER TAX AMOUNTED TO SEK 890M (–1,292)
    * Q2 PROFIT FROM PROPERTY MANAGEMENT ATTRIBUTABLE TO PARENT
CO’S
SHAREHOLDERS DECREASED BY 4% TO SEK 1,495M (1,550)
    * BOND MARKET HAS CONTINUED TO IMPROVE
    * DECREASE FROM LAST YEAR IN PROFIT FROM PROPERTY MANAGEMENT
DUE
TO HIGHER INTEREST EXPENSES

Source text for Eikon:  ID:nWkr1ks31k 
Further company coverage:  BALDb.ST 

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