Balder sets Oct. 23 for January–September 2026 report as third-quarter figures remain unavailable
Key Facts
Swedish company Fastighets AB Balder set Oct. 23, 2026, as the publication date for its interim report for January to September, according to its investor relations calendar. The report was scheduled for release at 08:00 local time, followed by a presentation and investor call at 08:45 the same day. The report will provide an update on the property company's performance during the first nine months of the year. Figures published for the same period were not available in the publicly accessible materials on which this story is based. It is therefore not possible to verify claims of third-quarter profit growth, a share-price rise or buybacks related to the report.
First-half results published in July provide context ahead of the anticipated report: property management profit for January to June was SEK 3,005 million, compared with SEK 3,394 million in the same period of 2025. Rental income, by contrast, rose to SEK 7,029 million from SEK 6,825 million a year earlier. Net profit after tax attributable to the parent company's shareholders was SEK 2,832 million, compared with SEK 3,461 million. These indicators show divergent trends in rental income, property management profit and net profit after tax. The first-half results therefore cannot be summed up as a general increase in profit.
In the third quarter of 2025, Balder posted property management profit of SEK 1,782 million, compared with SEK 1,715 million in the corresponding quarter of 2024. Rental income was SEK 3,444 million, up from SEK 3,228 million. Net operating income also increased 7% to SEK 2,678 million, compared with SEK 2,503 million a year earlier. These figures provide a basis for year-on-year comparison when the new third-quarter results become available. They do not, by themselves, establish the company's performance in the third quarter of 2026.
Ahead of the report, the Bloomberg consensus pointed to expected rental income of SEK 3,593 million for the third quarter of 2026 and net operating income of SEK 2,802 million. The consensus also forecast property management profit of SEK 1,679 million. These figures are estimates made before the announcement, not actual company results. The estimates alone do not establish whether Balder beat or missed expectations. That requires comparing the final figures the company announced with the published estimates.
On share buybacks, Balder's board announced an authorization in November 2025 allowing it to adjust the capital structure with the aim of creating shareholder value. The announcement stipulated that the company's holdings of its own shares must not exceed 10% of total shares at any time. This explains the purpose and limit set out in the authorization, but does not establish that shares were bought back during the third quarter of 2026. Nor does it confirm that the program was still active when the report was published. Share-price movements and their causes remain unverified in the materials available for this story.
Next, Balder was scheduled to publish its 2026 year-end report on Feb. 12, 2027, according to the company's calendar. The interim report scheduled for Oct. 23 will present January–September results, while the February date will provide the full-year figures. According to the invitation, Chief Executive Officer Sharam Rahi and Chief Financial Officer Eva Vassberg were among the participants in the presentation and call. The presentation was scheduled for 08:45 after the report's release at 08:00. The reported-period figures and their comparison with annual and year-earlier-quarter expectations remain pending publication of the report.