Q1 2026 Vonovia SE Earnings Call Transcript
Ladies and gentlemen, welcome to the Vonovia ISE Q1 2026 results analyst and investor call. I'm Moritz, the Coast Call operator. (Operator Instructions) The conference must not be recorded for publication or broadcast. At this time, it's my pleasure to hand over to Rene. Please go ahead.
Thank you, [Moritz], and welcome, everybody, to our update call. The speakers today are Luka Mucic, our CEO; and Philip Grosse, our CFO. They will briefly present the main messages for today before we open up for Q&A, where both will be very happy to take your questions. With that, over to you, Luca.
Yeah. Thank you very much, Rene, and hello and welcome, everybody from my side. Let me start with a brief summary of the main takeaways from the first quarter. We have had a good start with a strong performance in our core operations. Adjusted EBITDA grew 6.3% in our rental segment to EUR630 million, even though we had about 4,000
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