Stephan Dalbo
Chief Executive Officer (CEO)
Replay available
Fabege AB (publ) (FABG) Q2 2025 Earnings Call
Fabege AB (publ) (STO: FABG) Q2 2025 earnings conference call, held 2025-07-07. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Åsa Bergström
Chief Financial Officer (CFO)
Stephanie Dosman
Equity Research Analyst, Jefferies
Adam Shapton
Analyst, Green Street
Unidentified Participant
Analyst
Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.723 -- 00:00:04.948 Welcome to the FOBI GQ2 2025 report presentation. 00:00:04.948 -- 00:00:09.353 For the first part of the conference call, the participants will be in listen-only mode. 00:00:09.353 -- 00:00:14.399 During the questions and answers session, participants are able to ask questions by dialing 00:00:14.399 -- 00:00:20.065 pound key 5 on their telephone keypad. Now I will hand the conference over to the speakers. 00:00:20.065 -- 00:00:25.930 CEO Stephan Dalbo and CFO Asa Bergstrom, please go ahead. 00:00:29.579 -- 00:00:35.586 Good morning and welcome to our presentation for the first half of 2025, including 00:00:35.586 -- 00:00:41.513 the second quarter, of course. With me here in the room, I have CFO Åsa Bergström 00:00:41.513 -- 00:00:46.578 and also Peter Kengert, IR. And as usual, we will 00:00:46.578 -- 00:00:49.381 end with a Q&A session. 00:00:49.381 -- 00:00:51.802 Next slide, please. 00:00:52.305 -- 00:00:57.283 Our strategy will focus on Stockholm. is of course still there. 00:00:57.283 -- 00:01:01.153 We believe at Stockholm, we believe on offices. 00:01:01.153 -- 00:01:05.665 I know we come back to that later in the presentation also why. 00:01:05.665 -- 00:01:08.467 So please also 00:01:08.552 -- 00:01:10.973 let us talk about the figures first. 00:01:10.973 -- 00:01:13.456 Thanks, Stefan. 00:01:13.456 -- 00:01:19.384 Yes, rental income for the first half year amounted to 1.7 00:01:19.384 -- 00:01:22.288 billion, just below the same period last year. 00:01:22.288 -- 00:01:27.595 On a like-for-like basis, income decreased by 53 million, equivalent 00:01:27.595 -- 00:01:29.998 to minus 3.3%, 00:01:29.998 -- 00:01:36.438 which mainly related to relocation due to the previous year's negative net lettings. 00:01:36.438 -- 00:01:...