Entra ASA (GB:0R3Y) has released an update.
Entra ASA reported a decrease in rental income to 770 million NOK for Q3 2024, down from 833 million NOK in the same period last year, despite a 4.4% underlying growth when adjusted for divestments. The company maintained stable net income from property management at 318 million NOK, while profit before tax improved significantly to 156 million NOK. The Board has decided to refrain from semi-annual dividend payouts to focus on strengthening the balance sheet.
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