Genova Property Group AB (publ) (GPG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

2025 was a very good and eventful year for Genova. We were able to focus and work further on the established strategy that we have. We have managed to carry out a number of good and attractive transactions in combination with the fact that we have continued to work with optimizing our capital structure. This, in turn, has led to continued high profitability, We are making a good profit both in revenue per share and we continue to grow our substance value. The revenue per share during this year is up 20%, which feels positive, and the substance value is growing by almost 9%. So overall, a very good year for Genova. Against the background of a strong 2025, the board proposes an increased share per share. Genova has a business model that combines stable cash flows within our permanent administration in combination with value-generating development. This has resulted in high profitability for many years and is an important condition in how we drive the business forward. Within the administration in 2025, we have a positive and good year ahead of us. We continue to strengthen our net of operations. This, in combination with our portfolio of stable tenants, creates great opportunities for us in the future. The degree of expansion during the year has not changed. We continue to increase the duration and we are happy to have filled the portfolio with nearly 600 million with good properties in Stockholm. A big and important part of Genova's value creation comes from the part that works with development. Historically, we have been working on developing detailed plans, either to implement them ourselves or to highlight them. The joy during 2025 was that we announced a larger real estate project with two properties in Knivsta for 875 million. It is a business that we have taken ...