May 11, 2023 / 06:45AM GMT
Ewa Wassberg - Fastighets AB Balder(publ)-CFO
Good morning and welcome to Balder's presentation for Q1. (Operator Instructions) Presenting today is Erik Selin, CEO; and myself Ewa Wassberg, CFO here at Balder.
On that note, I hand over to you, Erik.
Erik Selin - Fastighets AB Balder(publ)-CEO&Director
Thanks, Ewa, and welcome, everybody. High level information about Balder you have on the first slide where you can see our high level number, property value and other important figures. Moving over to Q1 2023. We released figures today and rental income was an increase of 15% and profit from property management is an increase per share of 9%, a bit more the absolute amount that we have more shares outstanding than compared to last year. Earnings capacity we have now updated as we do every quarter and there we are at SEK 5.15 and that is a decrease compared to the same period last year with 1%. Net debt to assets 48.2% and like-for-like rental growth in Q1 stands at 5.5
Q1 2023 Fastighets AB Balder Earnings Call Transcript
May 11, 2023
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