Q3 2023 Catena AB Earnings Call Transcript
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Hi, and welcome, everyone. In today's presentation, we will start off by giving a short summary of Q3 report, followed by a short overview of our business. We will then proceed to the business update, where we will touch upon our current projects. Sofie and David will then walk through the numbers in the financials and sustainability, and we will then open up for the Q&A in the end.
Next slide, please. So starting off with the summary. We continue to report rental income growth driven by acquisitions, projects and the stronger like-for-like numbers, driven by our CPI-linked contracts. Profit from property management increased by 17% in total and per share, the increase is 4%. The balance sheet is very solid, with an LTV at the comfortable levels. Lastly, we recently announced that the zoning plan for Logistics Position Söderåsen has gained legal force. This means that we have the possibility to develop [Stormberg's] 240,000 square meters of new GLA.
Please proceed to Slide 6 for the market
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