Castellum AB (publ) (CAST) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to this presentation of Catalum's Q4 report. From our side, it's myself, Christoffer Svendek, Acting CFO, and Paul Alsian, CEO. There will be a Q&A session in the end of the webcast, and if you'd like to ask a question by phone, please dial pound key five on your telephone keypad and ask your question. So let's start. Please go ahead, Paul. Thank you, Kristoffer, and thank you to all that are phoning in. I would like to start with saying that I've been here for almost six months, and I've got a very warm welcome from all of our staff. I'm very thankful for that. But also from shareholders that have reached out with questions. challenging questions, but also very good advice. And I hope that will continue going forward because that's something that actually makes Castellum better being challenged by our shareholders. I really appreciate that. And the focus for us the past six months has been back to basics, the sort of the new strategy of Castellum. And the focus is crystal clear, our target is to deliver a 10% return on equity over the business cycle. So that's really been what we've been working on for the past six months. It's all about taking away things that are not relevant, that are unnecessary. It's all about leasing, decreasing our vacancy rate, increasing our occupancy rate. And it's about cost control, reducing our costs both in administration but also in our operations. And we have also gone through our portfolio. to see which properties are winners that we can keep in the long term and properties that are struggling a bit more where we either have to change our business plan or we actually have to leave them to someone else who has other ideas or other visions for the future than we have. But that has been really the fo...