Feb 12, 2025 / 07:30AM GMT
Presentation
Feb 12, 2025 / 07:30AM GMT
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Corporate Participants
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* Sonja Horn
Entra ASA - Chief Executive Officer
* Ole Gulsvik
Entra ASA - Chief Financial Officer
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Sonja Horn - Entra ASA - Chief Executive Officer
Good morning all and welcome to Entra's fourth quarter presentation. On the picture here you can see our assets [Drums134] where we signed the largest contracts this quarter.
Moving on to our highlights in the quarter, rental income of NOK767 million in the quarter. That is down NOK93 million compared to the same quarter last year. Leaving us with an underlying rental income growth of 1.6% compared to the same quarter last year. Net income from property management is up with 7.1%, NOK317 million.
The lower interest costs have then offset the reduction in rental income. Net value changes of NOK457 million in the quarter. Out of that, NOK273 million is related to the investment properties and leaving us then with a profit before tax of NOK756
Q4 2024 Entra ASA Earnings Presentation Transcript
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