Fabege AB (LTS:0XPX)
kr 87.925 -0.2 (-0.23%) Market Cap: 27.45 Bil Enterprise Value: 63.01 Bil PE Ratio: 0 PB Ratio: 0.71 GF Score: 72/100
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Q4 2023 Fabege AB Earnings Call Transcript

Feb 07, 2024 / 02:30PM GMT
Release Date Price: kr92.06 (+0.41%)
Operator

Welcome to Fabege Q4 2023 report presentation. (Operator Instructions)

Now I will hand the conference over to the speakers, CEO, Stefan Dahlbo; and CFO, Asa Bergstrom. Please go ahead.

Stefan Dahlbo
Fabege AB - President and CEO

Welcome to the presentation of the Q4 and 2023. As usual, it's possible to call in to ask questions or send questions by e-mail. To the second slide, please.

To summarize the Q4, it was a good quarter. Our operating activities performed well. We increased our profit from property management, and we have also a strong lettings. But let's summarize 2023 first. And even here, as we said before, we have for the whole year very good operating activities, and we performed well there.

We had an increased profit from property management. We had improved vacancy rate, and we have strong net lettings as a whole. We also reached our goal for the whole year of a surplus ratio of 75%. We could make a long list of positive things. However, it also was a year with a lot of turbulence. There were concerns about

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