REPORT FOR Q4 AND PRELIMINARY RESULTS FOR 2024

14 Feb 2025 07:30 CET

Issuer

Olav Thon Eiendomsselskap ASA

Highlights in the report:

The Group had a satisfactory development in the fourth quarter, with profit
before income tax
amounting to NOK 1 262 (-1 821) million.

The Group’s rental income amounted to NOK 958 (949) million.

Fair value adjustments of investment properties amounted to NOK 504 (-1 916)
million, and fair value
adjustments of interest rate derivatives totalled NOK 189 (-309) million.

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

The Group’s financial position is solid. By the year-end the Group’s equity
ratio was 51 % (50 %), while
its liquidity reserves was NOK 6 561 (5 382) million.

Retail sales in the shopping center portfolio in the fourth quarter were NOK 18
712 (18 294) million, an
increase of 2 % compared to the same quarter last year.

The Board proposes a dividend of NOK 7,25 per share (7,00) to be paid for 2024.

For Olav Thon Eiendomsselskap ASA
EVP Finance and CFO
Tel: 926 97 622


638736_OTEQ4-24-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 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%, Olav Thon Eiendomssels ASA 24/26 FRN SEK

ISIN

NO0005638858, NO0010782899, NO0010907371, NO0010940471, NO0010940489, NO0011079790, NO0011077794, NO0011079121, NO0011084709, NO0012495342, NO0013030247, NO0013029488, NO0013076323, NO0013167072, NO0013228445, NO0013246090, NO0013415190

Symbol

OLT

Market

Euronext Oslo Børs