Stenhus Fastigheter i Norden AB (publ) (SFAST) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's broadcast with Stenhus Fastigheter. We will start with a presentation followed by Q&A. If you want to ask a question, press star 9, raise your hand and star 6 to turn on the sound when you hear the word. With that, I would like to hear from you. Please. Thank you. Welcome to today's presentation of Stenhus Fastigheter's quarterly report for the first quarter of 2026. My name is Thomas Gullgradis, CEO of the company and one of the heads of the company. And I'm here with Havre. Micke Nikander, Vice President of the company. With that we can start. with some key takeaways for the first quarter of 2026. Above all, the company has delivered one of the best results for quarter one ever, and one of the highest in the previous quarter, very good results. 111 million in administrative results, 24% better than the previous year's quarter one. For the sixth quarter, we also have positive value changes that go up to 35 million. The ICR, which is an important parameter, has gone up to 2.43 times, which is a good bit over our financial goals for 2025. Mer har vi när vi pratar avkastningen en bra bit över 12% vilket också är i linje med vårt finansiella mål att hålla oss över 12%. And in connection with the fact that we resolved 10% of the shares, we have also increased our proposal to share from 0.28, which was the original proposal, to 0.31. More significant events during the quarter. We proposed a share of 28, then it became 31. that will be decided by the court next week. Furthermore, Stenås Fastigheter has entered a joint venture in a company called Krona Bitco, which made a bid on the company Krona Public Real Estate, which went through and we own together in the company 85% of the total. In Q1, we managed to get 21 million shares in the resale pr...