Diös Fastigheter AB (publ) (DIOS) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for joining us and welcome to the DIOS Fast Together AB Interim Report, January through March 2026. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand on your telephone keypad. I will now hand the conference over to Johan Demmer, Chief of Investor Relations at DIOS. Please go ahead. Good morning and welcome to the US interim report for the first quarter of 2026. We're reporting on the period January through March. It was a quarter marked by continued geopolitical uncertainty and somewhat higher interest rates. Against that backdrop, our message is clear. The US continues to deliver stable operational performance, supported by strong leasing activity, resilient occupancy, and disciplined capital allocation. David will start briefly by summarizing the quarter, then Rolf will move on to the operational development and the portfolio before David closing with the outlook. The presentation will be followed by a Q&A session. Listen to the instruction at the end, how to register your questions. I now leave the word to David. Operationally, the quarter was solid. We delivered positive net letting of 15 million, which confirms continued demand for premises, particularly in central locations. Net letting has now been positive in 26 of the last 29 quarters, underlining the consistency of our leasing performance over time. Our economic occupancy remained stable at 90%, unchanged compared with the same quarter last year. This level aligns with the Earth's historical average, despite the economic slowdown in Sweden, and demonstrates the portfolio's resilience. Income amounted to 663 million broadly unchanged year-on-year investments. And the surplus...