REPORT FOR Q3 2024

07 Nov 2024 07:30 CET

Issuer

Olav Thon Eiendomsselskap ASA

Highlights in the report:

The Group had a satisfactory development in the third quarter, with profit
before income tax
amounting to NOK 502 (-763) million.

The Group’s rental income amounted to NOK 946 (922) million.

Fair value adjustments of investment properties amounted to NOK 108 (-1 308)
million, and fair value
adjustments of interest rate derivatives totalled NOK -106 (80) million in the
quarter.

Profit before tax, fair value adjustments and currency result amounted to NOK
518 (541) million.

The Group’s financial position is solid, and by the end of the quarter the
Group’s equity ratio was 51 %
(51 %), while its liquidity reserves was NOK 9 221 (5 232) million.

Retail sales in the shopping center portfolio in the third quarter were NOK 14
597 (14 448) million, an
increase of 1 % compared to the same quarter last year.

For Olav Thon Eiendomsselskap ASA
Arne B. Sperre
EVP Finance and CFO
Tel: +47 926 97 622


631494_ReportQ3-24-English.pdf

Source

Olav Thon Eiendomsselskap ASA

Provider

Oslo Børs Newspoint

Company Name

OLAV THON EIENDOMSSELSKAP, Olav Thon Eiendomsselskap ASA 17/27 2,90, Olav Thon Eiendomsselskap ASA 20/28 FRN, Olav Thon Eiendomsselskap ASA 20/25 FRN, Olav Thon Eiendomsselskap ASA 21/26 FRN, Olav Thon Eiendomsselskap ASA 21/28 FRN, Olav Thon Eiendomsselska ASA 21/25 2.03pct, Olav Thon Eiendomsselskap ASA 21/31 FRN, Olav Thon Eiendomsselska ASA 21/27 2.33pct, Olav Thon Eiendomsselska ASA 22/32 4.17pct, Olav Thon Eiendomsselskap ASA 23/30 FRN, Olav Thon Eiendomsse ASA 23/25 5,67% SEK, Olav Thon Eiendomsselsk ASA 23/29 5,792%, Olav Thon Eiendomsselskap ASA 24/29 FRN, Olav Thon Eiendomsse ASA 24/26 4,05% SEK, Olav Thon Eiendomsselska ASA 24/30 5,17%

ISIN

NO0005638858, NO0010782899, NO0010907371, NO0010874266, NO0010940471, NO0010940489, NO0011079790, NO0011077794, NO0011079121, NO0011084709, NO0012495342, NO0013030247, NO0013029488, NO0013076323, NO0013167072, NO0013228445, NO0013246090

Symbol

OLT

Market

Euronext Oslo Børs