Genova Property Group AB (publ) (GPG) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.051 -- 00:00:06.117 The joy is that the second quarter for Genova has gone very well. 00:00:06.117 -- 00:00:11.242 We continue to increase the administrative results per share, driven by a 00:00:11.242 -- 00:00:17.706 strong net of operations. And what feels very positive when we look forward, 00:00:18.008 -- 00:00:23.230 is that we see that rental revenues in the existing stock will increase in 00:00:23.230 -- 00:00:28.492 the form of both remittances and renewals in combination with a larger acquisition, 00:00:28.492 -- 00:00:32.714 which will be approved during both the third and fourth quarter. 00:00:32.714 -- 00:00:38.936 And that is positive for the business and something we are really looking forward to. 00:00:53.815 -- 00:00:57.258 It has been a great quarter in the administration. 00:00:57.258 -- 00:01:03.283 We continue to increase our rental revenues and our net profit. 00:01:03.283 -- 00:01:08.508 The work and the clear trend we have seen during the first half of the 00:01:08.508 -- 00:01:13.632 year with increased attractiveness around our premises has resulted in the fact 00:01:13.632 -- 00:01:18.416 that we have put both a number of negotiations and renewals for nearly 40 million in 00:01:18.416 -- 00:01:24.542 rental value. which will strengthen our cash flow and strengthen our level of export. 00:01:24.542 -- 00:01:29.546 And that is something that we have felt and that we are now happy to have been 00:01:29.546 -- 00:01:34.791 able to get in place. So we see clear signs that we will 00:01:34.791 -- 00:01:40.194 have increased revenues from the third to the fourth quarter. 00:01:43.587 -- 00:01:47.748 City development and project development is an important complement to our administrative 00:01:47.748 -- 00:01:51.810 business and an ...