[ad_1]
Sonja Horn
Chief Government Officer
Good morning all, and welcome to Entra’s third quarter presentation. Let me begin by letting you realize what you’ll be able to see on this image right here. That is our constructing in Nonnesetergaten 4, the place we at the moment have an ongoing venture. As you’ll be able to see, it is situated spot on the central practice station in Bergen and likewise with the metro subsequent to it.
If we transfer on to the highlights within the quarter, rental earnings of NOK 767 million this quarter, which is NOK 3 million under the identical quarter final 12 months. Web earnings from property administration of NOK 328 million, which is up then by NOK 10 million from final 12 months and pretty restricted internet worth modifications this quarter with minus NOK 11 million. Revenue earlier than tax of NOK 326 million within the quarter. Our internet asset worth elevated with NOK 1 per share to NOK 167, and pleased to as soon as once more see that we now have a optimistic internet letting this quarter with NOK 10 million.
Our Board has determined to renew the semiannual dividends and on the identical time, additionally revised our dividend coverage. Because the IPO, we now have had a dividend coverage to distribute round 60% of money earnings as money dividend. Dividends have been suspended in 2023 and ’24 to strengthen our stability sheet in a difficult market atmosphere. With an improved monetary place and likewise seeing that the market is displaying clear indicators of stabilizing, we at the moment are resuming our semiannual dividend.
The Board has additionally revised the dividend coverage from distributing round 60% of money earnings as money dividend to
[ad_2]
