Jonas Erickson
Head of Investor Relations
Replay available
Fastighets AB Balder (publ) (STO: BALD_B) Q3 2025 earnings conference call, held 2025-10-28. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:05.182 Welcome to the Balder Q3 Report 2025. For the first part of the conference 00:00:05.182 -- 00:00:08.389 call, the participants will be in listen-only mode. 00:00:08.389 -- 00:00:13.541 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.541 -- 00:00:18.692 pound five on their telephone keypad. Now I will hand the conference over to IR Jonas 00:00:18.692 -- 00:00:21.814 Erickson. Please go ahead. 00:00:25.833 -- 00:00:31.444 Good morning, everyone, and welcome to the run through of Baldur's Q3 results 00:00:31.444 -- 00:00:33.227 for 2025. 00:00:33.227 -- 00:00:37.735 With me in the room, I have Erik Selin, CEO, and Eva Vassberg, CFO. 00:00:37.735 -- 00:00:41.282 I'll hand over to Erik and Eva to run through some slides, and then we'll open up for 00:00:41.282 -- 00:00:43.282 questions. 00:00:43.433 -- 00:00:45.938 Thank you, Jonas. 00:00:45.938 -- 00:00:51.188 Looking at the big picture of Balder, this is kind of similar to how it looked 00:00:51.188 -- 00:00:55.333 last year. We have 54% RECI 00:00:55.557 -- 00:01:00.932 of the total portfolio value. That stands now, the portfolio 00:01:00.932 -- 00:01:06.225 value right now stands at 229 billion, rating SDPB 00:01:06.225 -- 00:01:10.475 flat from S&P, 95% occupancy 00:01:10.475 -- 00:01:15.844 and a very good liquidity position of 24 billion. 00:01:16.255 -- 00:01:21.625 Looking in more specifically to the Q3 numbers you can see a rental income 00:01:21.625 -- 00:01:27.111 increase as well as NOI increase of 7%. Profit 00:01:27.976 -- 00:01:33.046 from property management per share only 2% up but 00:01:33.046 -- 00:01:37.434 looking at earnings capacity it's 8% 00:01:37.434 -- 00:01:42.718 better than the same period last year. And...