Samhällsbyggnadsbolaget i Norden AB (publ) (SBB_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and a warm welcome to our Q3 presentation. Here with me this morning I have our CEO Leif Synnes who will present the Q3 result and also give you a strategy update. And Daniel Tellberg our finance director will answer questions on the reports and run through the numbers. After the session, we will host a live Q&A session and please prepare your questions and we will be ready to take them after the presentation. With that said, I will hand over to Leif. Thank you, Helena. SPV is four segments, community, residential, education and development. In total, the property exposure is 94%. billion and the assets have low downside risk. Instead, there is a potential for higher revenues and also for more investments. We are creating efficient and focused platform and we have a very good market position. If you look on the highlights for the period, The property exposure increases to 94 billion, which is good. And that is mainly through the subsidiary CFA Steter and the associate companies Nordicus and PPI. We see a good development in rental income plus 1.6% and also a growth in net operating income plus 2.9%. And we're happy to see that we are reducing the costs. So the central admin cost is down 22%. And we think that the central admin costs have potential to further decrease in the upcoming quarters. We have an increased activity in leasing. and we start to sign new leases. And one lease that we have signed is with the city of Stockholm for a 15 years lease. And I think we will be able to announce more of these new leases to the market within short. We continue to develop our brand names in the SVB group and we are benefiting from the stronger and stronger ability to raise capital in those entities and it's good that Nordicus, Public Property Invest and...