Jul 09, 2025 / 07:00AM GMT
Operator
Welcome to Neobo Q2 report 2025. (Operator Instructions)
Now I will hand the conference over to CEO, Ylva Sarby Westman. Please go ahead.
Ylva Westman - Neobo Fastigheter AB(publ)-Chief Executive Officer
Thank you. And good morning, everyone, and welcome to the presentation of Neobo's interim report, January to June 2025. My name is Ylva Sarby Westman, and I'm joined here today by our CFO, Maria Strandberg. Despite the turbulent global environment, we have remained focused on our core business, creating attractive, sustainable living environments where people can thrive and feel secure.
And it's rewarding to see our efforts paying off and that we are on the right track. Profit from property management increased by 50% in the first six months of the year, despite seven properties being divested last year. Rental income in the like-for-like portfolio increased by 4%, and net operating income improved by 12% in the like-for-like portfolio as a result of both higher rental income and lower property management
Q2 2025 Neobo Fastigheter AB (publ) Earnings Call Transcript
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