Catella AB (publ) (CAT_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

So good morning everybody and welcome to Catella's interview report for the first quarter of 2025. My name is Daniel Gorosh, Interim CEO of Catella Group and together with Michel Fichier, CFO and Head of Investor Relations, we will walk you through the highlights of the first quarter of 2025. After the presentation we will open up for a Q&A session and the material and reports are as always available on our website. So I'd like to start the presentation with a brief overview of Catella starting on page three. So today's group, Catella group, we are managing approximately 150 billion in assets under management with a revenue base just north of 2 billion. And we have operations in 12 countries, assets in 16, and this is backed by nearly 500 employees. So we operate in three properly focused business areas, investment management, principal investments and corporate finance. And although real estate has had a couple of challenging years recently, we are supported by a long term growth trajectory as portfolio allocation to real assets is increasing. Nearly 70% of our income stems from fixed recurring revenue, providing stability to the business as a whole. We see sustainability as part of conducting our business both through long-term relationships with clients, as well as through fund investments and investment projects. We manage our larger institutional investors' capital through funds and asset management mandates, and this is done through our local teams with profound knowledge of the local markets, leading to us being a true vertically integrated pan-European player. And we as a group has a history of more than 35 years and during that time we have established a pan-European platform and a strong and reputable brand name. So with that brief introduction, I'd like to...