Cibus Nordic Real Estate AB (publ) (CIBUS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the CIBAS Q3 2025 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. If you are listening to the presentation via webcast, you can ask written questions using the form below. Now, I will hand the conference over to CEO Christian Fredrickson and CFO Pia-Lena Olofsson. Please go ahead. Good morning everyone and thank you for dialing in and listening to our Q3 presentation for our 2025 Q3 results. Let's dive straight into things. I'm speaking to you today, Christian Fredriksson now, CEO of the company. I'm joined here by... Fyriana Olofsson, CFO. And we're calling to you from our head office here in Stockholm. And the picture here is of us comparing apples to apples in one of our stores down in the Benelux. And Albert Heim has happened to be. And as you know, our slogan, converting food into yield, says exactly what we do. But before we dive into the slides, I thought I'd just summarize the quarter in two parts. main points. But it's another stable quarter for underlying business. Profit from property management is up 54% year-on-year, which is 9% per share year-on-year, excluding one-offs, which were in the comparable quarter one year ago. Our earnings capacity is up 8% year-on-year per share, so 8% up year-on-year per share. And that's mainly due to accretive acquisitions coming through and also lower financing costs. So then back a bit more on what CBUS is, Converting Food into Yield. We own real estate, which is led to daily goods operators in seven countries. We focus purely on daily goods properties. We're the only listed vehicle in the Nordics to have this large share of g...