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
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Q2 2023 Fastighets AB Balder Earnings Call Transcript

Jul 18, 2023 / 06:45AM GMT
Release Date Price: kr42.98 (-0.88%)
Operator

Welcome to the Balder Q2 Report 2023. (Operator Instructions). Now I will hand the conference over to the speakers CEO, Erik Selin, and CFO, Ewa Wassberg. Please go ahead.

Ewa Wassberg;publ;CFO
Fastighets AB Balder

()-

Good morning, and welcome to Balder's presentation for the second quarter. Presenting is me, Ewa Wassberg, CFO; and Erik Selin, CEO at Balder.

After the presentation, we will have a Q&A session.

Erik Selin;publ;CEO;Director
Fastighets AB Balder

()-&

Yes. Hi, everybody. Balder, the big picture is that we have a property value of SEK 222 billion, a 96% occupancy rate, been stable around there for many years. We have a mix between commercial and resi. And on the commercial side, the biggest leases are on average 11 year long.

Net debt, 49%. Interest cover, 3.6%. We have SEK 20 billion in liquidity, and NAV stands at SEK 91 per share.

Moving over and looking at Q2, we had a rental income

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