Husqvarna AB (publ) (HUSQ_B) Q3 2025 Earnings Call

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WEBVTT 00:00:00.233 -- 00:00:05.278 Hi and welcome to the conference call of the third quarter 2025 for 00:00:05.278 -- 00:00:11.484 Wallenstam. My name is Susanne Linde, I'm CFO here at Wallenstam. 00:00:11.484 -- 00:00:15.028 Here on the picture you see our 200-year-old 00:00:15.028 -- 00:00:20.474 property in central Gothenburg, the Koxka building, where we have completely 00:00:20.474 -- 00:00:25.739 renovated it and are now nominated for the award in the category FESEDE 00:00:25.739 -- 00:00:29.521 of the year 2024 renovation. 00:00:34.591 -- 00:00:37.935 So what has happened during this third quarter? 00:00:37.935 -- 00:00:43.261 We have taken possession of land in Forsåker in Mölndal, a part 00:00:43.261 -- 00:00:46.345 of the Forsåker urban development project. 00:00:46.345 -- 00:00:52.352 Within the block the construction of approximately 240 rental apartments 00:00:52.352 -- 00:00:54.354 is planned. 00:00:54.354 -- 00:00:59.720 On July the 3rd we signed an agreement for the sale of our new production 00:00:59.720 -- 00:01:04.460 Nacka Grace. You can see it here on the picture. 00:01:04.460 -- 00:01:08.787 We agreed on a property value of 1822 00:01:08.787 -- 00:01:13.895 million. The folks and group and KPA pension will 00:01:13.895 -- 00:01:20.302 take position of the property on the last of October this year. 00:01:20.706 -- 00:01:25.774 We have also made a lot of buybacks of our own shares this year. 00:01:25.774 -- 00:01:31.088 During the third quarter, we repurchased 5 million shares. 00:01:31.088 -- 00:01:35.433 We have done this of the capital we receive from our sales. 00:01:35.433 -- 00:01:41.260 We use that capital to repurchase our shares which are at just over 20% 00:01:41.260 -- 00:01:43.023 discount. 00:01:43.023 -- 00:01:48.269 We have repurc...