Doxa AB (DOXA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Doxa's investment presentation. My name is Christian and I am the CEO at Doxa. And on my side is Patrik Lindström, who is our real estate manager. Today we are here to give an update on what has happened during the year, what we have done to position the company and what we are going to do in our strategy in the future. Yes, as I said, my name is Christian Lindgren. I am the CEO at Doxa and I have been here for one year. My background is in banking. and properties and general business management over the last 25-30 years. Patrik has been the vice-manager at Cernike and also a background in P-app Sweden. Together, we are the management at Doxa and we will lead the company forward with the new strategy. It has been an intensive year and an intensive quarter. We have made several structural changes that have strengthened the company financially and renovated the business. And during this quarter, one of the most important events is that we have sold the 40% of the property in Halmstad. We sold it to Bokfart Värde, 426 million SEK. And that means that we pay off debts of 372 million SEK and we have increased the cash with 55 million SEK. In addition, we have also sold the property Gullen 8 in Trelleborg. for almost 16 million kronor, and since it was unpaid, it included a contribution to the cash register for the same amount. And we have also initiated a resale program. When we were done with that, we were in a quiet period, so we have not started resale yet. If we go in and look at the report on the result, we can see that it reflects the transformation we are going through. We have a turnover of minus 61 million SEK for Q2, which is 11 million SEK for Q3. But it is important to see the trend. We see that we are successfully adapting our costume to the new, m...