John Mattson Fastighetsföretagen AB (publ) (JOMA) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Your line is muted. Welcome to the conference call. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answer session, participants are able to ask questions by dialing star 5 on their telephone keypad. Now I will hand the conference over to the speakers. Please go ahead. Welcome today. My name is Per Nilsson and I am the CEO of Jomatson. I look forward to presenting our quarterly report for the period from January to March together with our CFO Ebba Pihlokart. Despite the cold and snowy start of the year, Jomatson continues to deliver strong growth in the management value of the share, while we continue to have a positive value development in our assets. The administrative result increases by 9.8% per share compared to the first quarter of the previous year, and the long-term surplus value per share increases by 7.1% compared to the same period of the previous year. We have continued our work to increase the risk-adjusted discount in our passive portfolio. This is by excluding the company's most low-discounted assets, to free up capital for investments with higher deductions. At the beginning of the year, we converted two properties, both to premiums compared to book value, which also shows the value potential in our property portfolio. We have also had a continued progress when it comes to the work with a return to new production here during 2026, where we, during the quarter, entered a lease agreement with and after the start of the quarter, the entrepreneurial agreement with the ERO Group was signed. This is for the care and care residents in Abramsberg, which will be the first project that we start up here in 2026. We have also been successful in our work to expand our project portfolio in previous s...