Q2 2023

HIGHLIGHTS OF THE REPORT FOR Q2 and H1 2023¹:

The Group posted profit before tax of NOK 173 (1,418) million in Q2.
Profit before tax, fair value adjustments and currency result amounted to NOK 592 (618) million in Q2.
The Group’s rental income amounted to 946 (807) million in Q2.
Fair value adjustments of investment property and financial instruments totalled NOK -409 (857) million in Q2.
The Group’s financial position is solid, and the Group’s equity ratio at the end of H1 was 51 % (53 %), while its liquidity reserves were NOK 4,910 (5,681) million.
Retail sales for the shopping centre portfolio in Q2 were NOK 14,643 (13,999) million, up 5 % on the same period last year.

¹The figures in brackets are for the corresponding period/date last year.