Net operating income was
The value change for the period amounted to a decline of 3.5% primarily as a result of rising yield requirements, which were partially offset by value creation within the company's property management and project operations. As a result of the negative value trend, growth declined 13% in NAV per share.
"It is clear that our cost-savings programme has had the desired effect. Despite high underlying cost pressure from high inflation and rising interest rates, as well as a smaller property portfolio due to property sales,
January-
- Rental revenues totalled
SEK 153.9 million (153.2), up 0.4%. -
Net operating income was
SEK 101.1 million (93.2), up 8.5%. -
Income from property management was
SEK 29.4 million (40.7), corresponding toSEK 0.77 per share (1.11), down 30% per share. -
Changes in property values amounted to a decrease of
SEK 554.9 million (increase: 271.8). Changes in the value of interest-rate derivatives amounted to negativeSEK 39.1 million (positive: 118.7). -
Earnings after tax for the period amounted to a loss of
SEK 492.4 million (profit: 337.8), corresponding to a loss ofSEK 12.99 per share (profit: 9.11). -
Property value totalled
SEK 14,974.7 million (16,890.6). -
Investments amounted to
SEK 90.0 million (724.3), of whichSEK 0 million (643.2) pertained to property acquisitions. -
NAV totalled
SEK 6,071.8 million (6,821.8). This corresponded toSEK 160.22 per share (184.19), down 13% per share.
Lidingö,
John Mattson Fastighetsföretagen AB (publ)
For further information, please contact:
Per Nilsson, CEO of
+46 (0)8-613 35 02, per.nilsson@johnmattson.se
+46 (0)70-639 86 87, lars.ingman@johnmattson.se
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