- Profit from property management for the period amounted to SEK 1,661m (1,513). Profit from property management attributable to the parent company's shareholders amounted to SEK 1,544m (1,402), corresponding to an increase per share by 7% to SEK 1.30 (1.21).
- Long term net asset value amounted to SEK 89.55 per share (84.46).
- Rental income amounted to SEK 3,416m (3,129).
- Profit after tax attributable to the parent company's shareholders amounted to SEK 2,691m (-595) corresponding to SEK 2.26 per share (-0.51).
Profit from property management for the period amounted to SEK 1,661m (1,513). Profit from property management attributable to the parent company's shareholders amounted to SEK 1,544m (1,402), corresponding to an increase per share of 7% to SEK 1.30 (1.21). Profit from property management includes SEK 492m (493) in respect of associated companies.
Net profit after tax for the period amounted to SEK 2,781m (-508). Profit after tax attributable to the parent company's shareholders amounted to SEK 2,691m (-595), corresponding to SEK 2.26 per share (-0.51). Profit before tax was impacted by unrealised changes in the value of investment properties of SEK 949m (-652), realised changes in the value of investment properties of SEK 5m (3), profit from the sale of development properties SEK 5m (-10), changes in value in interest rate derivatives and option component convertible of SEK 632m (-280) and profit from participations in associated companies of SEK 343m (-388).
"Balder's diversified portfolio and our stable financing bring stability even in times like these, and we see good opportunities both for growth, and for a continued improvement of our key credit metrics," says CEO Erik Selin.
Presentation of Balder's Interim report
On 8 May at 08:45 (CET) Balder's CEO Erik Selin, CFO Ewa Wassberg and IR Jonas Erikson will be hosting an online presentation and telephone conference. The presentation will be held in English, and during the telephone conference there will be an opportunity for representatives from the financial market to ask questions.
Follow the webcast at https://balder.events.inderes.com/q1-report-2025.
Please register here to be able to ask questions during the conference call. Once you have registered, you will be sent a phone number and a conference ID.
Questions from the media are referred to Media relations at press@balder.se.
The recorded presentation and telephone conference will subsequently be made available here.
For further information, please contact:
Jonas Erikson, IR, tel. +46 (0)76-765 50 88, jonas.erikson@balder.se
Ewa Wassberg, CFO, tel. +46 (0)31-351 83 99, ewa.wassberg@balder.se
Erik Selin, CEO, tel. +46 (0)31-10 95 92, erik.selin@balder.se
This is information that Fastighets AB Balder (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CET on May 8, 2025.
Fastighets AB Balder (publ) is a listed property company that owns, manages and develops residential and commercial properties in Sweden, Denmark, Finland, Norway, Germany and the United Kingdom. The head office is located in Gothenburg. As of 31 March 2025, the property portfolio had a value of SEK 222.6 billion. The Balder share is listed on Nasdaq Stockholm, Large Cap.