)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Fondul Proprietatea (FP) investor relations material
Fondul Proprietatea Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary29 Aug, 2025
Executive summary
NAV at July 2025 was RON 2.13 billion, with NAV per share at 0.7039; NAV at 30 June 2025 was RON 2,125.6 million, down 5.5% from year-end 2024; shares traded at a 40.4%–48.3% discount to NAV.
H1 2025 net profit was RON 140.6 million, down from RON 212.9 million in H1 2024, mainly due to lower investment gains and higher expenses.
Dividend income for H1 2025 was RON 155.4 million, primarily from Bucharest Airport and Salrom.
Portfolio: 82.7% unlisted companies, 6.4% listed equities, 10.9% net cash/receivables; main portfolio companies represent 85.9% of NAV.
Shareholders approved a gross dividend of RON 0.0409 per share from 2024 profit, with payment starting 19 June 2025.
Financial highlights
Gross dividend income for H1 2025 was RON 155.4 million, up 7% year-over-year.
NAV per share total return for H1 2025 was 5.6%, while local share total return was 27.6%.
Share price at period end was RON 0.3605, trading at a 40.4%–48.3% discount to NAV.
Total distributions to shareholders since 2010, including 2025, reached RON 29.1 billion (USD 7.1 billion).
Operating income was RON 159.2 million, with operating expenses of RON 18.0 million.
Outlook and guidance
Bucharest Airport expects a 5% increase in traffic for 2025, reaching 16.8 million passengers.
Constanța Port faces ongoing volume declines linked to Ukraine, with no immediate recovery expected.
Salrom is preparing for a potential IPO but operations are impacted by flooding at the Praid Salt Mine.
The Fund aims to minimize the discount to NAV through governance improvements, buy-backs, and investor relations.
Dividend withholding tax will increase to 16% from 1 January 2026, and VAT will rise to 21% from August 2025.
Assess the AIFM selection process and its future
What is the impact of Praid mine flooding on Salrom?
How do new tax laws impact Fund distributions/expenses?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Fondul Proprietatea earnings date
Q3 202514 Nov, 2025
Next Fondul Proprietatea earnings date
Q3 202514 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, 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.
)
Leroy DaleyApp Store
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
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.
Leroy DaleyApp Store
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Fondul Proprietatea S.A. is a Romania-based closed-end investment fund focused on managing a diversified portfolio of assets, primarily in the energy, infrastructure, and utilities sectors. The fund was established to compensate former property owners whose assets were confiscated during the communist era. It holds minority stakes in various publicly and privately owned Romanian companies, including those in power generation, oil and gas, and transportation. The company is headquartered in Bucharest, Romania, and its shares are listed on the BVB and LSE.
Quartr provides global coverage of all investor relation material from public companies.
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.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage