Fastighets AB Balder

BALD B

Equity

ISIN SE0017832488 / Valor 119139906

NASDAQ Nordic Exchange Stockholm, Equities (2025-12-19)

SEK 66.00-0.03%

Fastighets AB Balder
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Fastighets AB Balder, established in 2005, is a prominent property group that has expanded its operations across Sweden, Denmark, Finland, Norway, Germany, and the United Kingdom. The company specializes in a comprehensive range of real estate services that encompass the entire value chain from land acquisition to property management and urban development. Balder's diverse portfolio includes residential properties, both newly constructed and rental apartments, tenant-owner apartments, and a significant number of commercial properties such as offices, shops, warehouses, restaurants, and schools. Additionally, Balder is a major player in the hotel industry, owning approximately 60 hotel properties in key locations across several European cities. The company prides itself on its local presence in the areas of its property holdings, ensuring efficient decision-making, customer proximity, and in-depth knowledge of the local real estate markets. Balder's approach to property development is both independent and collaborative, engaging in partnerships through joint ventures and consortia to foster the development of new urban districts. With over 1,000 employees and a property value exceeding SEK 211.7 billion, Balder's operations reflect a commitment to long-term property management and development, catering to a wide range of tenant needs while contributing to urban growth and development.

Summarized from source with an LLMView SourceSector: Finance

Profit from Property Management

In Q4 2024, the profit from property management attributable to the parent’s shareholders increased to SEK 1,526m, and current earnings reached SEK 6.5 billion—with an all-time high profit per share of SEK 5.46, despite a 3% decrease compared to last year’s annual per-share result.

Rental Income and Net Operating Income

During October–December 2024, rental income grew to SEK 3,333m from SEK 3,089m and net operating income improved to SEK 2,455m (up from SEK 2,274m), reflecting a healthy operational performance combined with robust cost control.

Net Profit and Earnings per Share

The Q4 performance contributed significantly to the overall net profit after tax for 2024, which stood at SEK 3,448m for the period—with the net profit attributable to the parent’s shareholders improving to SEK 3,304m, translating to SEK 2.82 per share.

Asset Portfolio and Financing Position

Fastighets AB Balder’s long-term net asset value per share increased to SEK 88.31 as of December 2024. Additionally, improvements in financing costs, along with a confirmed BBB credit rating and a shift in outlook from negative to stable, reinforce the company’s sound financial positioning and ability to invest in growth opportunities.

Summarized from source with an LLMView Source

Key figures

-11.8%1Y

40.1%3Y

-6.23%5Y

Performance

28.6%1Y

37.9%3Y

39.6%5Y

Volatility