)
Kaldalón (KALD) investor relations material
Kaldalón H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating income increased by 24% year-over-year, maintaining a 78% operating margin.
Achieved strong operational performance in 2025, meeting ambitious growth targets for 2026.
Property portfolio reached ISK 85 billion, with a 97.6% occupancy rate.
Cash flow from operations rose by 28% year-over-year, reaching ISK 2,711 million.
Transitioned to slower, sustainable growth while pursuing market opportunities.
Financial highlights
Rental income and operating profit before revaluation increased by 24% year-over-year, outpacing inflation.
Operating profit before revaluation was ISK 4,387 million, with a 78% margin.
Net profit for 2025 was ISK 2,837 million, down from ISK 3,231 million in 2024.
Total assets increased to ISK 86.4 billion, with investment properties valued at ISK 85 billion.
Earnings per share (diluted) were ISK 2.54, down from ISK 2.81 year-over-year.
Outlook and guidance
2026 rental income is projected at ISK 6,200–6,350 million, with operating profit before revaluation at ISK 4,860–5,030 million.
Forecast assumes 4.3% inflation and stable occupancy, excluding pending acquisitions.
Dividend payout ratio is expected to increase, targeting 20–40% in 2026 and 50–75% from 2028 onward.
High occupancy and strong demand for commercial properties expected to continue.
The Fasteignafélag Íslands acquisition, if completed, would add ISK 1,120 million in annual revenue and ISK 920 million in operating profit at full occupancy.
Next Kaldalón earnings date
Next Kaldalón earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)