Asuntosalkku - Real Estate Investment Company to the Helsinki Stock Exchange

Here are Frans’s quick comments on Asuntosalkku’s Q1 business review :slight_smile:

Asuntosalkku published its Q1 business review on Wednesday, which was largely in line with our expectations. The company’s rental operations remained stable relative to previous quarters, and clearly profitable residential sales in Tallinn continued at a fairly steady pace. However, the result for the review period was slightly weaker than our expectations, suggesting that interest expenses were still somewhat higher than we anticipated. Realized earnings rose in line with our expectations. According to our preliminary assessment, the report does not cause any significant pressure for forecast changes. The company does not report any figures other than the main line items in Q1, making a more detailed quick interpretation of the report difficult.

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