Dios Fastigheter AB (LTS:0GTM)
kr 79.225 -0.55 (-0.69%) Market Cap: 11.22 Bil Enterprise Value: 27.52 Bil PE Ratio: 0 PB Ratio: 0.98 GF Score: 76/100

Q4 2023 Dios Fastigheter AB Earnings Call Transcript

Feb 16, 2024 / 08:00AM GMT
Release Date Price: kr74.55 (-1.62%)
Knut Rost Dios Fastigheter AB;CEO

Good morning, and a warm welcome to this presentation of the Dios year-end report of 2023. My name is Knut Rost. I am the Chief Executive Officer of Dios. And together with me today is our CFO, Rolf Larsson. We will go through the highlights of the fourth quarter, give you an insight into the office market and how we will create accretive growth acting on Europe's most prosperous market. If you have any questions, there will be a Q&A session after the presentation. Also, you can always reach out to us with your questions, afterwards. You can find our contact details on the log slide and on our website.

Let's go to page 2. In the world impacted by inflation, new financial conditions, war and uncertainty. We have delivered the strongest net operating income in the Dios history. Our occupancy ratio is at an all-time high level. We have maintained good cost control and we have shown improved energy metrics. However, financing costs have continued to rise due to higher market rates. For the quarter, the occupancy rate was 93%, up 2-percentage-points from

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