Q3 2023 Hemnet Group AB (publ) Earnings Call Transcript
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Good morning, and welcome to the presentation of Hemnet Group's Results for the Third Quarter of 2023. My name is Cecilia Beck-Friis, and I am the CEO of Hemnet. And as always, I'm joined by CFO, Anders Ornulf; and IR Manager, Nick Lundvall. We'll have the number of exciting updates to share with you.
So let us dive straight into the presentation, and I will start as usual with a summary of the key updates on Page 2. I'm pleased with the financial and operational outcomes for this quarter, during which we delivered stable results that underscored the strength of our business model as well as the result of the investments in our organization and product development. We continue to deliver consistent and predictable results in an unpredictable market.
Our continued work with ARPL, supported by a normalization in listing volumes meant that revenue from property sellers grew by 23.5% and ARPL by 27.9%, and this is despite listing volumes decreasing by 4%. A noteworthy achievement is the all-time
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