Jamie Rollo
Analyst at Morgan Stanley
Replay available
Corem Property Group AB (publ) (CORE_A) Q1 2026 Earnings Call
Corem Property Group AB (publ) (STO: CORE_A) Q1 2026 earnings conference call, held 2026-04-22. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Adela Dashian
Analyst at Jefferies
Alice Beer
Analyst at ABG Sundahl Collier
Jens Matisse
CEO of Scandic
Andre Joulard
Analyst at Deutsche Bank
Artem Prokopets
Analyst at UBS
Pierre Christiansen
CFO of Scandic
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Corem Property Group Ab Class A.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.460 thank you very much and good morning everyone and thank you for joining us for this q1 00:00:05.460 -- 00:00:06.962 presentation 00:00:06.962 -- 00:00:12.391 like just said i'm jens matisse and i'm the ceo of scandic and together with me we have 00:00:12.391 -- 00:00:17.740 our cfo pierre christiansen let's uh let's go into the highlights 00:00:17.740 -- 00:00:22.785 of this quarter please page go to page two 00:00:23.487 -- 00:00:28.854 Looking at the quarter, we are off to a good start to this year 00:00:28.854 -- 00:00:32.359 with stable growth and solid results. 00:00:32.359 -- 00:00:35.343 Revenue, they grew by 3%, 00:00:35.343 -- 00:00:39.228 and adjusting for currency effects, organic growth was close to 5%. 00:00:39.228 -- 00:00:41.228 We 00:00:41.231 -- 00:00:46.338 operate with high efficiency and very good cost control, delivering a result 00:00:46.338 -- 00:00:49.222 and margin in line with last year. 00:00:49.222 -- 00:00:54.283 Market conditions, they remain positive overall, and 00:00:54.283 -- 00:01:00.708 we continue to see good demand across our markets, although development varies somewhat. 00:01:00.910 -- 00:01:06.436 Cashflow improved during the quarter, and our financial position remains strong, 00:01:06.436 -- 00:01:10.661 giving us a solid foundation going forward. 00:01:10.661 -- 00:01:16.367 The second quarter has started well. Business and books are at good levels, 00:01:16.367 -- 00:01:21.572 supported by strong leisure demand, stable business travel, and a solid event 00:01:21.572 -- 00:01:23.140 calendar. 00:01:23.140 -- 00:01:28.526 Despite the ongoing geopolitical uncertainty, we do not currently 00:01:28.526 -- 00:01:33.692 see any direct impact on demand. So all in all, we are entering 00:01:33.692...