Catena Media plc (CTM) Q3 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.115 Welcome to the conference call. For the first part of the conference call, the participants 00:00:04.115 -- 00:00:08.359 will be in listen-only mode. During the questions and answer session, participants are 00:00:08.359 -- 00:00:13.063 able to ask questions by dialing star five on their telephone keypad. 00:00:13.063 -- 00:00:15.446 Now I will hand the conference over to the speakers. 00:00:15.446 -- 00:00:17.806 Please go ahead. 00:00:18.168 -- 00:00:22.793 Hi, and welcome everyone to Catena's Q3 report 2025. 00:00:22.793 -- 00:00:28.178 My name is Juergen Eriksson, and I'm the CEO of the company. 00:00:28.178 -- 00:00:33.184 And here is the agenda for today, a summary, a business 00:00:33.184 -- 00:00:39.191 overview, an update followed by sustainability, finance, and the short takeaway 00:00:39.191 -- 00:00:42.553 before ending up with it in Q&A. 00:00:44.337 -- 00:00:49.503 So let's start with the summary of the Q3 2025 report, 00:00:49.503 -- 00:00:55.931 where we report 25% increase in rental income ended up at 1,963,000,000 00:00:55.931 -- 00:00:57.760 SEK 00:00:57.760 -- 00:01:03.547 driven mostly by acquisitions, but also, of course, of our TPI-linked 00:01:03.547 -- 00:01:09.375 contracts. Profit from property management increased by 32% in total, 00:01:09.375 -- 00:01:13.197 and per share, it was up to 18.7%. 00:01:15.202 -- 00:01:18.664 Our NRV came in at 438 00:01:18.727 -- 00:01:20.950 SEC per share. 00:01:20.950 -- 00:01:26.775 The balance sheet remains very solid with an LTV at 39.2%. 00:01:27.308 -- 00:01:32.334 And we expect to generate strong cash flows in the coming quarters. 00:01:32.334 -- 00:01:38.061 And with that said, in combination with our robust balance sheet, we are in a favorable 00:01:38.061 -- 00:0...