Stenhus Fastigheter i Norden AB (publ) (SFAST) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to today's broadcast with Scenius Fastigheter. We will start with a presentation followed by a Q&A. Call in and ask a question. Press star 9 and then star 6 to activate a sound. Or write a script and ask the question via the form. And with that I send the words to you. Here you go with your presentation. Thank you. My name is Tomas Georgiadis, and today we are pleased to present the details in today's report that we presented a few hours ago. And I also have with me Micke. Micke Nikander, and it's an extra joy to be able to stand and present. It's almost exactly five years since we noted on First Note, and today we will go through our report, which is actually the best we have ever done. Let's start with some highlights. This quarter is the quarter with the absolute best administrative state that we have performed so far in these five years in a noted environment, at 114 million kronor, and also during the period of January and September. We have also bought eight properties that will improve our results. We have also sold three properties that are in principle vacant. We have financed our obligation to essentially better conditions. We have also made a public offer and got through it to acquire remaining shares in Bakkeheden, a noted company on Spotlight that we have been a major owner of. Last on the list is our certificate program, which we started in September and are very successful, where we have managed to create a more flexible liquidity in our cash register. And last but not least, the ICR, the interest rate level, which is up in the quarter at 2.4. If we go into more detail, we can see that the rental income has increased compared to Q3 last year. We ended up at 258 million. The result, as Thomas said, 114 million, is 33% better than last year. And ...