Kojamo Plc (KOJAF) Q2 2026 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:01.168 -- 00:00:06.370 Good morning all and welcome to LUMO Home's half-year result webcast. 00:00:06.370 -- 00:00:11.272 I'm Niina Saarto, I'm Treasury and Investor Relations Director. 00:00:11.272 -- 00:00:16.294 Soon we will hear the Q2 results. Our CEO, Reima Rytsola, 00:00:16.294 -- 00:00:21.635 starts giving also an update on the markets as well as on the acquired portfolios 00:00:21.635 -- 00:00:26.912 leasing and how the integration to our platform has started. 00:00:26.912 -- 00:00:32.717 Then, entering CFO Antti Sivanen continues with financial development 00:00:32.717 -- 00:00:34.779 and outlook. 00:00:34.779 -- 00:00:39.843 Q&A follows the presentation and there we welcome both live questions 00:00:39.843 -- 00:00:42.363 and chat questions. 00:00:42.385 -- 00:00:46.226 So, now we can start with the presentation. 00:00:53.942 -- 00:00:59.507 Very good morning on behalf of myself as well and welcome to this LUMO 00:00:59.507 -- 00:01:03.188 Q2 earnings release webcast. 00:01:06.132 -- 00:01:11.196 We had actually a strong quarter behind us and all the 00:01:11.196 -- 00:01:17.641 total revenue, net rental income and FFO grew strongly in second quarter. 00:01:17.641 -- 00:01:22.784 All in all, the market conditions seem to improve, 00:01:22.784 -- 00:01:29.607 and I come back on later stage a little bit more detailed on the market conditions. 00:01:30.349 -- 00:01:35.832 Our occupancy rate grew from last year's comparison 00:01:35.832 -- 00:01:40.919 point, even though we acquired on 1st of April 00:01:40.919 -- 00:01:45.685 Portfolio 4761 apartments which occupancy was much lower, 83 on the date of 1st of April. 00:01:54.421 -- 00:02:00.024 but already during Q2 we managed to raise the occupancy from 83 00:02:00.024 -- 00:02:06.248 to 89 on thi...