OM:BALD BReal Estate
Balder (OM:BALD B) One Off Gain Lifts 55.5% Margin And Tests Bullish Narratives
Fastighets AB Balder (OM:BALD B) closed FY 2025 with Q4 revenue of SEK3.5b and basic EPS of SEK1.49, capping a year where trailing twelve month revenue reached SEK13.7b and EPS came in at SEK6.41. Over the past six reported quarters, revenue has moved from SEK3.2b in Q3 2024 to around SEK3.4b to SEK3.5b per quarter in 2025, while quarterly EPS has ranged from a loss of SEK0.25 in Q3 2024 to SEK2.26 in Q1 2025. This highlights how much of the story sits in margins and one off gains rather than...