Brief: Trianon Q2 Profit Falls To SEK 24.7 Mln

Fastighets Aktiebolaget Trianon

12/07/2024 06:57

July 12 (Reuters) - Fastighets AB Trianon  TRIANb.ST :
    * Q2 RENTAL INCOME INCREASED BY 1 PERCENT AND AMOUNTED TO
SEK
189.8 MILLION (187.6)
    * Q2 OPERATING SURPLUS INCREASED BY 3% AND AMOUNTED TO SEK
134.0
MILLION (130.6) AND THE SURPLUS RATIO AMOUNTED TO 71% (70)
    * Q2 PROFIT FROM PROPERTY MANAGEMENT INCREASED BY 11% AND
AMOUNTED
TO SEK 48.8 MILLION (43,8)
    * Q2 CHANGES IN VALUE OF INVESTMENT PROPERTIES AMOUNTED TO
SEK
-15.9 MILLION (34.5)
    * Q2 PROFIT FOR THE PERIOD AMOUNTED TO SEK 24.7 MILLION
(88.8)
    * TRANSACTIONAL MARKET IS STARTING TO COME TO LIFE, WHICH
WILL
CREATE  OPPORTUNITIES FOR US
    * THE GOAL OF HAVING AN INTEREST COVERAGE RATIO OF 1.75
ACHIEVED,
AS WE REPORTED 1.77% IN THE QUARTER

Source text for Eikon:  ID:nWkrbMfm92 
Further company coverage:  TRIANb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))