Highlights in Q4-2025:
The Group had a satisfactory development in the fourth quarter, with profit
before income tax amounting to NOK 568 million.
The Group's rental income in the fourth quarter amounted to NOK 1 022 million.
Fair value adjustments of investment properties amounted to NOK 192 million, and
fair value adjustments of interest rate derivatives totalled NOK -11 million in
the quarter.
Profit before tax, fair value adjustments and currency result amounted to NOK
478 million in fourth quarter.
The Group's financial position is solid. By the year-end the Group's equity
ratio was 50 %, while the liquidity reserve amounted to NOK 9 021 million.
Retail sales in the shopping center portfolio in the fourth quarter were NOK 19
111 million, an increase of 5 % compared to the same quarter last year.
In the fourth quarter, an agreement was signed to purchase the property Storgata
5 -7 of approximately 6 500 square meters in central Oslo.
Thon Gruppen AS launched a voluntary offer to purchase all outstanding shares in
Olav Thon Eiendomsselskap ASA, and received acceptances that increased its
ownership interest to 94,8 % at the end of the offer period in January 2026.
Following the compulsory redemption of remaining minority shareholders at the
end of January 2026, Thon Gruppen's ownership interest increased to 100 %.
For Olav Thon Eiendomsselskap ASA
Arne B. Sperre
EVP FInance and CFO
Tel: + 47 926 97 622