Bonava AB (publ) (BONAV_A) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and a very warm welcome to the presentation of Bonava's third quarter 2025. My name is Anna Falk-Sylund, and I am head of investor relations here at Bonava. It has been an eventful quarter with many new projects initiated, a complete valuation of our land bank, and several other positive developments. And we are sitting here in the still pretty dark Stockholm and with me here today to take you through the highlights of this report are our president and CEO, Peter Wallin, and our deputy CEO and CFO, Jung Jonsson. After their presentation, we will open up for questions. As always, you can ask questions via the telephone conference by pressing pound key five, or you can submit them online. And you are welcome to start typing your questions already now. So with that short introduction, I leave the word over to you, Peter. Thank you so much, Anna. And good morning, everyone. Resting our eyes on a summer, sunny Stockholm and the product treadmill, which we started now in the third quarter. And as Anna said, it's been an eventful quarter. So we started off with the market highlights. Again, this seems like reiterating what we stated in the second quarter, but our markets are supported by the lower interest rates, and we have seen further reduction during the third quarter. The disposable income for the households is continuing to strengthen, and there is a pent-up demand for housing, which all of it then supports the improvement continuously of the market. We are seeing an increasing demand from customers, but it does still take some time to convert from booking and reservation to binding contracts. And as you all know, we are only reporting binding contracts in our sales rates. We are seeing an increased activity in the investor segment, and we are ...