Fastighets AB Balder Update Call Transcript
Good morning, and welcome to the Update Call Balder. My name is Charlie, and I'll be coordinating the call today. (Operator Instructions) Following the presentation, our Q&A session will be open until 8:45. At which point, we will close the call. I'll now hand over to your host, Ewa Wassberg, Head of Finance, to begin. Ewa, please go ahead.
Hello, and welcome to our call about the press release as of yesterday regarding the revise from S&P and the rating outlook from stable to negative by confirming our BBB rating. I think I will start with some key figures from Q3.
And as you're well aware, our equity assets is in line with our long-term goal of 40%, it's 40.4% as of Q3. Our net debt-to-EBITDA is plus 13.5% Q-on-Q, which we expect to improve further in the coming years due to lower investments in combination with cash flow from completed projects. Our ICR is 5.2 combined to our long-term target of 2.0. That said, we believe all our credit metrics are performing very well, and we are -- that we manage the refinancing with a good headroom
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
