Bonava AB (publ) (BONAV_A) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and a very warm welcome to the year-end presentation for Bonava. An eventful year and a very busy quarter, as always. My name is Anna Falk-Filund, and I'm head of investor relations here at Bonava. And with me here today, I have our CEO, Peter Walli, and our CFO, Jon Jonsson. They will take you through the highlights of the report and at the end you will be able to ask questions. And I can urge you right now to start type your questions and I will read them out after the presentation. So with that, I leave the word over to you. Thank you very much, Anna. And good morning to each and every one of you. And Anna said that we will walk you through the highlights. And we have a lot of highlights to walk you through. Starting off with the picture you see in front of you. That is one of the B2B deals we made during the fourth quarter of 2025. Hellerstorfer in Berlin. So... Another highlight for Bornava is our legacy. So Bornava as a name celebrates 10 years this year and the 10 years since we were spun off from NCC. But we actually have much more years than that added to the legacy and the background of Bornava and the history of building happy neighborhoods. So we will celebrate that over the course of 2026. So we are starting today with those celebrations. So let's talk about celebrations and let's talk about the outset when we talk about the report. If we talk about the market, we see stable sales, but the level of uncertainty is sort of a sort of a disbalance board. We are seeing improved markets and we are seeing a support in the markets by, of course, the lower interest rates and the pickup in the households' disposable income. And on top of that, of course, on the low production levels that we have seen over the last three to four years, the p...