Bonava AB (publ) (BONAV_A) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

everyone and very welcome to the presentation of Bonava second quarter 2025. My name is Anna Falk-Fyrlund and I am head of investor relations here at Bonava. I am sitting here in a warm and sunny Stockholm together with our president and CEO Peter Wallin and our deputy CEO and CFO Jon Jonsson. They will take you through the highlights of this report and after their presentation, we will open up for questions. You can ask them through the phone conference and then you will press star five or you can type your questions online. And you can already now start to type your questions and I will read them out after the presentation. So with that short introduction, I will leave the word over to you, Peter. Thank you very much, Anna, and great to have you back again from maternity leave. So, starting with the market highlights. There, of course, is no question about that we're living in a world with a turbulent global environment at the moment. But our markets are stable, supported by a lowered base interest rates, higher disposable income, and a pent-up demand for housing. And we do note a higher interest from customers. But I would also like to say that given the circumstances in the market, it does take longer time to convert from a booking or reservation to a binding sales contract. And that is especially true for the Swedish market. We are also noting, as we also commented upon in the first quarter, that we are seeing an increasing interest in the investor segment, our B2B deals. So we have an... interesting pipeline to work from and of course one might ask yourself so we are seeing a lot of improvements in underlying macro etc but why doesn't it pick up quicker and broader and the reason for it is the general uncertainty in the market base and of course also as we are ...