Catena AB (FRA:T9R)
€ 44.9 -0.85 (-1.86%) Market Cap: 2.76 Bil Enterprise Value: 4.00 Bil PE Ratio: 19.22 PB Ratio: 1.48 GF Score: 66/100

Nine Months 2020 Catena AB Earnings Call Transcript

Oct 28, 2020 / 09:00AM GMT
Operator

Hello, and welcome to Catena Fastigheter Q3 Report 2020. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I'm pleased to present CEO, Benny Thögersen; and CFO, Sofie Bennsten. Please begin your meeting.

Benny ThÃ;gersen;publ;CEO
Catena AB

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Thank you, and welcome to today's Q3 presentation. The content is, as usual, start with highlights and result overview, operational review, capitalization, capital deployment and market and outlook, and we finalize this with a question-and-answer session.

Please move forward to Slide 4, highlights. Catena has performed well in the third quarter. And despite the uncertainties caused by COVID-19, the structural trends fueling high demand in the sector is yet outweighing negative economic impact from the pandemic.

NAV per share is 8% higher in the third quarter alone, indicating further demand for our asset cost, both from customers and investors. We acquired a newly build property in Borås in Eastern

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