Wallenstam AB (LTS:0R7Y)

kr 47.25294 -0.30706 (-0.65%) Market Cap: 30.89 Bil Enterprise Value: 61.36 Bil PE Ratio: 0 PB Ratio: 1.02 GF Score: 76/100

Q3 2024 Wallenstam AB Earnings Call Transcript

Oct 22, 2024 / 07:00AM GMT

Release Date Price: kr53 (-4.16%)

Transcript

Susann Linde

Wallenstam AB - Chief Financial Officer, Head of Investor Relations

Good morning, and welcome to this third quarter presentation of 2024. My name is Susann Linde. I'm CFO and Head of Investor Relations here at Wallenstam. It has been an eventful quarter, even if it doesn't look like that when you see this slide with just two points. We have continued with further starts of new construction this quarter as well. We have started approximately 170 apartments, both in Stockholm and Gothenburg in two different projects.

It was good that we are finally starting to add additional housing to our two growth regions, Stockholm and Gothenburg. And one big thing for us, in the picture, you see two happy gentlemen who have just signed an agreement on a property deal. None of you have probably been able to avoid it.

Wallenstam has taken the step into the commercial segment, now also in CBD Stockholm, where residentials, both in Stockholm and Gothenburg, commercials in the CBD in Gothenburg. And now the three-leaf clover is finally becoming a four-leaf clover. It is a unique property

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