Q1 2023 PSP Swiss Property AG Earnings Call Transcript
Ladies and gentlemen, welcome to the PSP Swiss Property Q1 2023 Conference Call. I am Sandra, the Chorus Call operator. (Operator Instructions)
At this time, it's my pleasure to hand over to Mr. Giacomo Balzarini, CEO of PSP Swiss Property. Please go ahead, sir.
Yes. Good morning, everybody, and thanks for attending this Q1 conference call on our results. I'm very pleased with the reported results. For us, it's always special to report Q1, which is shortly after publication of the full year results and after the publication of the AGM outcomes. But I think we are able to report a solid set of results, which are in line with our expectations. As always, I give you a quick intro on the results, and then I open for Q&A as we normally do in the Q1 and Q3 reporting period.
We reported as expected, a solid top line results with rental income growth of 2.6%, which is basically reflecting the indexation. On the like-for-like basis, the results were plus 4%,
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