Fastighets AB Balder (LTS:0H2Z)
kr 76.26 0.2 (0.26%) Market Cap: 90.75 Bil Enterprise Value: 235.08 Bil PE Ratio: 0 PB Ratio: 1.07 GF Score: 74/100

Q2 2022 Fastighets AB Balder Earnings Call Transcript

Jul 15, 2022 / 06:45AM GMT
Release Date Price: kr55.73 (+6.94%)
Operator

Hello, and welcome to the conference call in connection with Interim Report January, June 2022. My name is Ben, and I will be your coordinator for today's event. (Operator Instructions). I will now hand you over to your host, Mr. Erik Selin, CEO, to begin today's conference.

Erik Selin;publ;Head of Finance
Fastighets AB Balder;CEO & Director

()- -

Thank you. Good morning, everybody, and welcome to this conference call for Balder Q2 interim report. If we look at some figures for the first half of '22, we can see that in Q2, isolated, the rental income was 20% better, 20% increase from last year and the profit from property management was SEK 1.5 billion, and that is increase of 29% and also 29% per share. And for the whole of the first half of '22 is similar figures, we have rental income up 19% and profit from property management up 28% compared to last year.

Now I'm at Page 2 now. And if we also then compare 1 year ago and see how it looks, and we can see that the earnings capacity is 11% better than 1 year

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