Platzer Fastigheter Holding AB (publ) (PLAZ_B) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.830 to our presentation of the Q1 report of 2025. 00:00:05.830 -- 00:00:11.624 My name is Johanna Hultrensch and with me I've got Ulrika Dahlresson. 00:00:11.624 -- 00:00:16.934 I would like to summarize the quarter. We have completed yet another good quarter despite 00:00:16.934 -- 00:00:20.401 the turbulent and changing macro environment. 00:00:20.401 -- 00:00:22.622 In the week 00:00:22.726 -- 00:00:26.092 of this economic climate for the last 00:00:26.092 -- 00:00:31.243 two and a half years, it's even more important now than ever to focus on what we can 00:00:31.243 -- 00:00:36.273 influence. For us, that is staying close to the customer, focus 00:00:36.273 -- 00:00:41.665 on our cash flow and our cost control. The organization's hard work allows us to deliver 00:00:41.665 -- 00:00:46.856 an operating surplus that grows by 11% and an income from property management that 00:00:46.856 -- 00:00:51.341 increases by 16% compared to Q1 2024. 00:00:51.837 -- 00:00:58.105 The rental market started a bit cautiously after the Christmas holiday, but 00:00:58.248 -- 00:01:01.755 it picked up as the quarter progressed. 00:01:01.755 -- 00:01:08.623 Most of the new letting is actually in our office business segment. 00:01:08.787 -- 00:01:12.270 Our renegotiations of existing 00:01:12.594 -- 00:01:18.040 leases, they reached an amount of about 36 million. 00:01:18.652 -- 00:01:24.919 I think this shows our ability to meet our customer changing needs and that we are relevant 00:01:24.919 -- 00:01:29.943 with our products and in our attractive locations. 00:01:30.005 -- 00:01:35.271 So this is to summarize our period. As I mentioned, 00:01:35.271 -- 00:01:40.437 the operating surplus and the income of property management has increased 00:01:40.437 ...