SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB (PUBL), INTERIM REPORT JANUARY-
The quarter in brief, continuing operations
- Rental income for the period amounted to
SEK 1,109m (1,153). Like-for-like rental income increased by 3.9 percent. -
The net operating income amounted to
SEK 736m (742). Like-for-like the net operating income increased by 3.0 percent. -
Profit from property management, excluding exchange rate differences, amounted to
SEK 1,289m (398). -
Cash flow from operating activities before changes in working capital was
SEK 87m (284). -
Profit before tax amounted to
SEK -1,302m (-4,123), of which:-
Profit before financial items, value changes, properties and goodwill is included in the amount of
SEK 514m (593). Profit includes acquisition and restructuring costs ofSEK -14m (-10). -
Changes in the values of properties are included in the amount of
SEK -1,984m (-2,223). -
Profit from joint ventures and associated companies was included in the amount of
SEK -192m (-369). -
Financial items were included in the amount of
SEK 374m (-923), of which costs for early redemption of loans are included in the amount ofSEK 797m (-116) and translation differences in the amount ofSEK -156m (-483). -
Changes in the values of financial instruments are included in the amount of
SEK -13m (-1,199).
-
Profit before financial items, value changes, properties and goodwill is included in the amount of
-
Profit for the period amounted to
SEK -1,158m (-4,024) after the deduction of deferred tax ofSEK 259m (213) and current tax ofSEK -114m (-115), corresponding to profit per Class A and B ordinary share ofSEK -0,94 (-4.08) before dilution. -
Profit for the period, including discontinued operations amounted to
SEK -1,158m (-3,898), corresponding to profit per Class A and B ordinary share ofSEK -0,94 (-4.00) before dilution. -
The value of the property portfolio amounted to
SEK 67,343bn (73,205). -
Long-term net asset value (EPRA NRV) was
SEK 18,030m (38,983), corresponding toSEK 12.40 (26.81) per share before dilution.
"Development over the quarter confirms SBB's capacity to increase net operating income over time, while also maintaining a high occupancy rate in comparable portfolios. Rising net operating income will drive growth in SBB's asset values and improve the situation for all of the company's stakeholders."
Attachment: Interim Report January -
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