Neobo Fastigheter AB (publ) (NEOBO) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.137 Welcome to Neobo Q3 Report 2025. For the first part of the conference 00:00:05.137 -- 00:00:08.101 call, the participants will be in listen-only mode. 00:00:08.101 -- 00:00:13.187 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.187 -- 00:00:18.573 pound key 5 on their telephone keypad. Now I will hand the conference over to CEO 00:00:18.573 -- 00:00:23.042 Ilva Sarbi-Westman. Please go ahead. Thank you very much. 00:00:23.042 -- 00:00:28.037 Good morning, everyone, and welcome to the presentation of Neobo's Interim Report, January 00:00:28.037 -- 00:00:33.252 to September 2025. My name is Ylva Sorby-Vestman, and joining 00:00:33.252 -- 00:00:37.158 me today is our CFO, Maria Strandberg. 00:00:37.477 -- 00:00:42.083 We have remained focused on our core business, creating attractive and sustainable living 00:00:42.083 -- 00:00:44.666 environments where people can thrive and feel secure. 00:00:44.666 -- 00:00:48.992 And it's rewarding to see our efforts paying off. 00:00:48.992 -- 00:00:54.539 Profit from property management increased by 32% during the period, despite 00:00:54.539 -- 00:00:58.182 seven properties being divested last year. 00:00:58.182 -- 00:01:03.247 Rental income in the Like for Like portfolio increased by 4% and net 00:01:03.247 -- 00:01:08.673 operating income increased by 10% in the Like for Like portfolio due to both 00:01:08.673 -- 00:01:12.915 higher rental income and lower property management costs. 00:01:13.037 -- 00:01:18.143 We are reporting positive unrealized value changes in the property portfolio of 14 00:01:18.143 -- 00:01:23.248 million as a result of increased net operating income due to investments 00:01:23.248 -- 00:01:26.169 being made in the po...