Nelly Group AB (NELLY) Q3 2025 Earnings Call

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WEBVTT 00:00:00.115 -- 00:00:05.821 Good morning, everyone, and welcome to this presentation of Castellum's Q3 00:00:05.821 -- 00:00:07.223 report. 00:00:07.223 -- 00:00:11.408 My name is Christoffer Strømbeck and I'm head of investor relations. 00:00:11.408 -- 00:00:15.693 There will be a Q&A session in the end of the webcast. 00:00:15.693 -- 00:00:21.219 And if you'd like to ask a question by phone, please dial pound key five 00:00:21.219 -- 00:00:25.344 on your telephone keypad and ask your question. 00:00:25.344 -- 00:00:29.613 Let's start. Please go ahead, Paul Alsén. 00:00:29.613 -- 00:00:31.736 Good morning. 00:00:31.736 -- 00:00:37.505 The mission from the owners and from the board to all at Castellum 00:00:37.505 -- 00:00:43.053 is crystal clear. Castellum needs to become more 00:00:43.053 -- 00:00:48.862 profitable. And I think that's an exciting and fun assignment, 00:00:48.862 -- 00:00:51.146 fun mission. 00:00:51.146 -- 00:00:55.111 But I don't think it will be a walk in the park. 00:00:55.111 -- 00:01:00.336 I think everyone knows that the heydays of real estate is over for 00:01:00.336 -- 00:01:05.722 this time. So now it's back to basics for 00:01:05.722 -- 00:01:09.506 Castellum in the day-to-day business. 00:01:09.506 -- 00:01:14.471 So instead of yield compression, it's leasing. 00:01:14.471 -- 00:01:19.850 Instead of interest rates, which were almost zero, 00:01:19.850 -- 00:01:25.475 It's turning over every stone to find ways to become more efficient 00:01:25.475 -- 00:01:28.616 and more cost efficient. 00:01:29.038 -- 00:01:34.423 But it's also in the day to day business, making sure that we are owning 00:01:34.423 -- 00:01:38.367 the right properties in the right locations 00:01:38.367 -- 00:01:40.609 and consequently 00:01:40.609 -- 00:01:45.4...