Q4 2024 Fastighets AB Balder Earnings Call Transcript

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Feb 07, 2025

Feb 07, 2025 / 07:45AM GMT
Operator

Welcome to the Balder Q4 report 2024. (Operator Instructions)

Now, I will hand the conference over to the speakers, CEO, Erik Selin, and CFO, Ewa Wassberg. Please go ahead.

Jonas Erikson - Fastighets AB Balder - Investor Relations

Hi, everyone. Welcome to this call around Balder's Q4 results for 2024. We will first have a brief presentation and then open up for Q&A. And with that, I'll leave the word to Erik Selin, CEO of Balder.

Erik Selin - Fastighets AB Balder - Chief Executive Officer, Director

Hi, everybody, and welcome to this Q4 and results for 2024. The first slide here, Balder at a glance. We are, as you know, a listed real estate company with a focus on the Nordics. We have a few assets in Germany, UK as well. A little bit more than half of the portfolio is residential and the other half commercial. The portfolio is very diversified, both in terms of category and geography.

Looking at the last quarter, the rental income grew 8% as well as the operating income. Profit from property

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