Replay available

Castellum AB (publ) (CAST) Q2 2026 Earnings Call

Castellum AB (publ) (STO: CAST) Q2 2026 earnings conference call, held 2026-07-15. Replay captured from the company's public earnings webcast.

Wed, July 15, 2026 at 3:00 AMendedReplay
Castellum AB (publ) (CAST) Q2 2026 Earnings Call

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Staffan Byhlob

Analyst, SBF Markets

Lars Norby

Analyst, SCBR

Nadir Rahman

Analyst, UBS

Fredrik Stensved

Analyst, ABG

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Replay transcript excerpt

WEBVTT 00:00:00.071 -- 00:00:05.456 Good morning, everyone, and welcome to this presentation of Castellum's Q2 00:00:05.456 -- 00:00:07.018 report. 00:00:07.018 -- 00:00:11.102 There will be a Q&A session in the end of the webcast. 00:00:11.102 -- 00:00:16.988 And if you'd like to ask a question by phone, please dial pound key five 00:00:16.988 -- 00:00:20.791 on your telephone keypad and ask your question. 00:00:20.791 -- 00:00:24.145 But let's start. Go ahead. 00:00:24.145 -- 00:00:30.409 Thank you, Kristoffer. And let's start with some highlights from the second quarter. 00:00:30.409 -- 00:00:36.073 Divestment to Vilborgs. We sold all our properties in the Öresund region 00:00:36.073 -- 00:00:39.874 minus Copenhagen to Vilborgs. 00:00:39.976 -- 00:00:43.758 Sales price was 13.3 billion. 00:00:43.758 -- 00:00:48.781 We also sold the portfolio here in Stockholm with two buildings and we sold it to 00:00:48.781 -- 00:00:53.453 Alekta and the sales price was 5 billion. 00:00:53.453 -- 00:00:58.516 and a sort of common denominator for both of those transactions were that 00:00:58.516 -- 00:01:00.417 we received 00:01:00.417 -- 00:01:04.099 a good price and we think 00:01:04.099 -- 00:01:09.102 that we will not be able to meet our return targets given the price we 00:01:09.102 -- 00:01:12.620 achieved in those two transactions. 00:01:12.620 -- 00:01:16.642 We have continued to conduct share buybacks. 00:01:16.642 -- 00:01:22.044 So for the first six months of 2026, we have purchased 39 million shares 00:01:22.044 -- 00:01:24.644 for 4.6 billion. 00:01:27.232 -- 00:01:31.033 And on the leasing side, Ericsson 00:01:31.474 -- 00:01:36.577 did not use its option to not lease the full Infinity, 00:01:36.577 -- 00:01:40.458 but they would rather lease the full Infinity. 00:01...