Q4 2023 Wihlborgs Fastigheter AB Earnings Call Transcript

Feb 13, 2024 / 08:00AM GMT
Ulrika Hallengren Wihlborgs Fastigheter AB-CEO

Welcome to the presentation of Wihlborgs year end report 2023. Like an extreme ultra meltron with new challenges and opportunities every day. And the same time business as usual but we'll changes every day. We have been able to take care of both challenges and opportunities at a high tempo. And I'm very proud of the whole well skilled and well-trained organization working close together and finding new solutions for our tenants every day.

We totally break this scale for the amount of new leases in Q4, a record I like. I know that we train a lot, and that brings more opportunities. And by training, there's a lot of talk about if it's carbs or proteins that build muscles best. I know that cash flow is what brings real stability and strength. So we continue our focus on cash flow.

Let's go to our report and a summary of Q4, record net letting and net letting positive again now for five quarters in a row. Rental value continues to increase in line with index, higher financing costs, but ICR at 2.8 times stable balance sheet and we see

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot