Neobo Fastigheter AB (OSTO:NEOBO)

kr 25.01 -0.06 (-0.24%) Market Cap: 3.64 Bil Enterprise Value: 10.66 Bil PE Ratio: 0 PB Ratio: 0.59 GF Score: 20/100

Q2 2024 Neobo Fastigheter AB (publ) Earnings Call Transcript
Jul 10, 2024

kr20.7 (+2.88%)

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Q1 2024 Neobo Fastigheter AB (publ) Earnings Call Transcript
Apr 23, 2024

kr16.31 (-11.72%)

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Q4 2023 Neobo Fastigheter AB (publ) Earnings Call Transcript
Feb 14, 2024

kr13.18 (+9.29%)

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Q3 2023 Neobo Fastigheter AB (publ) Earnings Call Transcript
Nov 16, 2023

kr9.91 (-0.70%)

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Q2 2023 Neobo Fastigheter AB (publ) Earnings Call Transcript
Jul 12, 2023

kr11.26 (+4.84%)

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Q1 2023 Neobo Fastigheter AB (publ) Earnings Call Transcript
May 10, 2023

kr8.4 (+6.60%)

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Q4 2022 Neobo Fastigheter AB (publ) Earnings Call Transcript
Feb 23, 2023

kr13.94 (-9.95%)

Earnings

Q1 2024 Neobo Fastigheter AB (publ) Earnings Call Transcript

Apr 23, 2024 / 07:00AM GMT

Release Date Price: kr16.31 (-11.72%)

Transcript

Operator

Welcome to Neobo Q1 Report 2024. (Operator Instructions)

Now I will hand the conference over to CEO Ylva Sarby Westman. Please go ahead.

Ylva Sarby Westman;publ;Chief Executive Officer

Neobo Fastigheter AB

()-

Thank you very much. Good morning, everyone, and welcome to the presentation of Neobo interim report January to March 2024. My name is Ylva Sarby Westman and with me here today, I have our CFO Maria Strandberg.

Operations are continuing to develop positively, and rental income has increased by 6.9% in the like-for-like portfolio as a result of rent increases and reduced vacancies. Net operating income decreased with SEK7 million as a consequence of high costs for heating and snow removal.

And the decrease is also explained by the fact that comparison between the first quarter of 2023 and the first quarter of 2024. It's somewhat misleading as costs attributable to the first quarter of 2023 were not received until the second quarter of 2023. Profit from property management decreased to SEK11

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