Othman El Araki
Analyst, Fidelity International
Replay available
Fastighets AB Balder (publ) (BALD_B) Q4 2025 Earnings Call
Fastighets AB Balder (publ) (STO: BALD_B) Q4 2025 earnings conference call, held 2026-02-06. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Jan Eerfelt
Analyst, Kepler Shoebrew
John Bong
Analyst, Van Lanschot Kempen
Andres Tomb
Analyst, Green Street
Jonas Erickson
Head of Investor Relations
Eva Vassberg
Chief Financial Officer
Erik Selin
Chief Executive Officer
Pranava Boyadapu
Analyst, Barclays
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Fastighets Ab Balder Class B.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.321 Welcome to Balder Q4 Report 2025. For the first part of the conference call, 00:00:05.321 -- 00:00:08.006 the participants will be in listen-only mode. 00:00:08.006 -- 00:00:12.716 During the questions and answers session, participants are able to ask questions by dialing 00:00:12.716 -- 00:00:17.806 pound five on their telephone keypad. Now I will hand the conference over to I.R. 00:00:17.806 -- 00:00:21.288 Jonas Erickson. Please go ahead. 00:00:23.268 -- 00:00:28.516 Morning everyone. Welcome to this call for Valder's Q4 00:00:28.516 -- 00:00:33.584 and full year results 2025. With me in the room I have Erik Selin, CEO and 00:00:33.584 -- 00:00:38.672 Eva Vassberg, CFO. We will run through some slides as usual and 00:00:38.672 -- 00:00:41.774 then open up for questions. 00:00:43.045 -- 00:00:48.293 hi eric celine here if we look at balder at the glance by year end 00:00:48.293 -- 00:00:53.381 we have a portfolio value of 229 billion and the 00:00:53.381 -- 00:01:00.268 composition is 54 percent resi and 46 percent commercial 00:01:00.312 -- 00:01:04.117 occupancy rate at 95 percent 00:01:04.117 -- 00:01:10.752 we have a good liquidity 24 billion Debt to assets 48.1% 00:01:10.940 -- 00:01:12.405 and 00:01:12.405 -- 00:01:14.151 NAV 00:01:14.151 -- 00:01:16.332 is 94 00:01:17.303 -- 00:01:20.153 in this quarter. 00:01:20.153 -- 00:01:25.542 looking at the q4 numbers specifically we have rental income and noi 00:01:25.542 -- 00:01:30.992 up four percent and it's important to bear in mind that this is in swedish chroma 00:01:30.992 -- 00:01:34.758 that has been pretty strong lately 00:01:34.758 -- 00:01:39.987 profits from property management in earnings capacity goes down 00:01:39.987 -- 00:01:45.810 seven percent and that is conne...