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Highlights of the Annual Report for 20241:
- The Group posted another good operating result in 2024, and profit before income tax amounted to NOK 2 863 (-2 177) million.
- Profit before income tax, fair value adjustment and currency result amounted to NOK 2 129 (2 261) million.
- Fair value adjustments of investment property and financial instruments totalled NOK 774 (-4 330) million.
- The Group’s rental income in 2024 amounted to NOK 3 807 (3 722) million.
- The Group’s financial position is solid, and the Group’s equity ratio at year-end was 51 % (50 %), while its liquidity reserves were NOK 6 561 (5 382) million.
- Retail sales1 in the shopping center portfolio were NOK 62 558 million, an increase by 3,3 % from 2023.
- The Board proposes a dividend of NOK 7,25 per share (7,0) to be paid for 2024.
1 The retail sales figures, which relate to wholly and jointly owned companies, are as reported by the tenants.
