Wallenstam AB (publ) (WALL_B) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to our presentation of our first half-year of 2026. And where are we now, Hans? We are in the heart, in the middle of Origo of Gothenburg. Here we have Gustav Aalstorg. Here we have Brunnsparken. And what is there? Yes, the quarter of Valvet. A property that we bought a few years ago from Handelsbanken. And we have renovated and taken care of the floors in a way that has made it more efficient and very nice. So let us now go in and look at how it looks, even internally, and summarize the result. Yes, welcome. Yes, now we have entered our property, Valvet, and now we are actually in the areas that are not really clear. And what's going to happen here, Hans? Yes, here you can see that we are in the middle of a construction site. It is Mullvard VPN that is going in here. We have removed a complete bjälklag here above us. It's a fantastic situation. And if we sum up the first half of the year for Wallenstam, we have an administrative result of about 630 million. And if you clean up for the one-time income we had the previous year for the corresponding period, and also if we calculate the empty position we have of the sale scrap, we provide a positive result, an increase compared to the previous year. If you had the chance to summarize the most important parts of our result, what would you have highlighted? I would say the business itself. We have a fantastically strong outsourcing team that manages to maintain a 97% outsourcing level. And beyond that strong outsourcing level, you can see that at least 9 out of 10 commercial tenants choose to stay with us when their contract expires. And that, I think, speaks a lot because you are satisfied with Wallenstam as a rental world, which I am very proud of. There are 325,000 people in our housing queue, and it ...