Pandox AB (LTS:0R8U)
kr 175.1 +0.20 (+0.11%) Market Cap: 33.82 Bil Enterprise Value: 86.97 Bil PE Ratio: 10.72 PB Ratio: 0.98 GF Score: 73/100

Q1 2026 Pandox AB Earnings Call Transcript

Apr 29, 2026 / 06:30 AM GMT
Release Date Price: kr173.7 (-3.77%)

Key Points

Positve
  • Pandox AB (PNDXF) reported an 11% increase in total revenues and a 25% increase in net operating income for Q1 2026.
  • The company saw a 14% growth in EPRA/EMB per share, indicating strong financial performance.
  • Pandox AB (PNDXF) successfully completed new financing and refinancing activities totaling $12 billion, reducing annual financial costs by approximately $90 million.
  • The company's property portfolio is well-diversified, consisting of 192 hotel properties across 11 countries, with a strong focus on upper mid-market hotels.
  • Pandox AB (PNDXF) is actively investing in climate change projects within its portfolio, aligning with science-based targets for good returns.
Negative
  • Adverse currency effects negatively impacted growth in both business segments.
  • The ongoing renovation of Grand Marina in Helsinki negatively affected growth in Finland.
  • The company faces uncertainty due to geopolitical tensions in the Middle East, which could impact future travel demand.
  • Currency fluctuations had a negative impact on earnings, despite a positive effect on property market valuations.
  • Pandox AB (PNDXF) has a temporarily elevated net debt to EBITDA ratio due to debt related to the acquisition of Dalata.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PANDXb.ST - Pandox AB
Q1 2026 Pandox AB Earnings Call
Apr 29, 2026 / 06:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Welcome to the Pandocs Q1 presentation for 2026. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to Head of IR and Communication Anders Berg. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good morning everyone and welcome to this presentation of Pandocs Q1 interim report for 2026.

I'm here together with Leono. Our CEO and Amelie Lindblom, our CFO.

And today, we also have the pleasure of having both Ifa Roche, Vice President at STR and Henrik
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...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot