Samhällsbyggnadsbolaget i Norden AB (publ) (SBB_B) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for taking time this morning and listening in to SBB Q2 2025 earnings call. My name is Helena Lindahl, and I'm the Treasury Director of SBB. Here with me this morning, I have our CEO, Leif Synnes, who will present the Q2 result and the strategy update for you. And also Daniel Tellberg, our finance director, who will answer questions on the report. After the presentation, we will have a Q&A session. If you have any questions during the call, please submit them to our email address, ir.sbbnorden.se. You can also find the email address in the press release with the details of the call. With that said, I hand over to Leif to present the results. Thank you, Helena. I will shortly introduce the numbers to you. But first, I would like to give you a quick reminder of what SPV is all about. SPV owns social infrastructure in the Nordics and residential properties in Sweden. We have close to 100 billion SEK in property exposure spread across the four business segments. These are mainly community, residential and education. The tenants are typically government backed for community and education segment, and we provide housing within the Swedish highly regulated residential market. We see ourselves as a partner helping to enable the very successful Nordic welfare system. With these segments, we have an overall platform which give low downside risk in revenues, and also provide a substantial growth potential. We have efficient and very focused platforms and we have overall a very good market position. And now to the highlights for the period. First of all, it's very pleasing to see that SBB increased its property exposure by 900 million SEK for the first half of this year. The growth comes from the strong companies we have created during the last ...