Eastnine AB (OSTO:EAST)
kr 44 0.7 (1.62%) Market Cap: 3.91 Bil Enterprise Value: 5.69 Bil PE Ratio: 0 PB Ratio: 0.85 GF Score: 56/100

Q2 2021 Eastnine AB (publ) Earnings Call Transcript

Jul 14, 2021 / 08:00AM GMT
Release Date Price: kr35 (+1.45%)
Kestutis Sasnauskas;publ;CEO
Eastnine AB

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Hi and very warm welcome to Eastnine's first half results. Today, myself, Kestutis Sasnauskas, I'm CEO, and with me, Britt-Marie Nyman, will present you our first half results and go through Eastnine in brief. We will talk about the highlights, our broadened business concept about our property portfolio, sustainability, financial reports and much more.

So on this, I will start. And for you who are not so familiar with us, Eastnine is a Swedish real estate company focusing on the properties in the Baltics. Today, we are the largest tenant in -- largest landlord in Vilnius. We are focused -- so far have been focused on offices, but now moving into a new segment that I will tell you about, it's logistics. Whilst we are focused on the Baltic -- in the Baltic countries on the prime offices and logistics, our core tenants are actually very much Nordic and international. So we are exposed to very international businesses.

And if you look on us in brief, in figures, you see that our assets are around EUR 0.5 billion.

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