Oct 19, 2021 / 06:30AM GMT
Sonja Horn - Entra ASA - CEO
Good morning, and welcome to Entra's third quarter presentation, brought to you here from Oslo, where we actually walk up to snow this morning. So let's just jump into the highlights. In the quarter, rental income came in at NOK 639 million this quarter versus NOK 589 million same quarter last year. And net income from property management of NOK 402 million. Our external appraisers have increased the valuation of our properties with 1.2% in the quarter, thus leaving us with net value changes of NOK 794 million, and profit before tax in the quarter of NOK 1,126 million. We have finalized 2 large projects in this quarter, both on time and cost. And we also closed on acquisition of the Hotel Savoy also in the Tullinkvartalet this quarter. We have had a solid letting activity, signed leases on more than 51,000 square meters. However, net letting this quarter at minus NOK 44 million, seeing that one of our tenants has chosen not to renew their contracts. We have also received 2 ESG ratings in the quarter from the 2 standards we report on. Very pleased to see that our GRESB rating
Q3 2021 Entra ASA Earnings Call Transcript
Mar 01, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers