Highlights of the Annual Report for 20231:
- The Group posted another good operating result in 2023, and profit before income tax, fair value adjustment and currency result amounted to NOK 2 261 (2 174) million.
- Fair value adjustments of investment property and financial instruments totalled NOK -4 330 (920) million, and profit before income tax amounted to NOK -2 177 (3 134) million.
- The Group’s rental income in 2023 amounted to NOK 3 722 (3 219) million.
- The Group’s financial position is solid, and the Group’s equity ratio at year-end was 50 % (52 %), while its liquidity reserves were NOK 5 382 (5 139) million.
- Retail sales1 in the shopping center portfolio were NOK 60 568 million, an increase by 6,2 % from 2022.
- The Board proposes a dividend of NOK 7,0 per share (6,5) to be paid for 2023.
1 The retail sales figures, which relate to wholly and jointly owned companies, are as reported by the tenants.
