Highlights in Q2 2025:
The Group had a satisfactory development in the second quarter, with profit before income tax amounting to NOK 357 million.
The Group’s rental income in the second quarter amounted to NOK 974 million.
Fair value adjustments of investment properties amounted to NOK 26 million, and fair value adjustments of interest rate derivatives totalled NOK -186 million.
Profit before tax, fair value adjustments and currency result amounted to NOK 544 million in the quarter.
The Group’s financial position is solid. By the end of the first half of the year the Group’s equity ratio was 50 %, while the liquidity reserve amounted to NOK 7 420 million.
Retail sales in the shopping center portfolio in the second quarter were NOK 15 391 (14 851) million, an increase of 4 % compared to the same quarter last year.
For Olav Thon Eiendomsselskap ASA
Arne B. Sperre
EVP Finance and CFO