Kojamo Oyj (LTS:0A0E)
€ 9.495 -0.105 (-1.09%) Market Cap: 2.35 Bil Enterprise Value: 5.85 Bil PE Ratio: 0 PB Ratio: 0.65 GF Score: 71/100
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Q2 2021 Kojamo Oyj Earnings Call Transcript

Aug 19, 2021 / 07:00AM GMT
Release Date Price: €20.26 (-4.50%)
Maija Hongas
Kojamo Oyj - Manager of IR

Good morning, ladies and gentlemen, and welcome to Kojamo's Half-Year Reports News Conference. My name is Maija Hongas, and I'm Manager of Investor Relations here at Kojamo.

Today's presenters are familiar Faces, Jani Nieminen, our CEO; and Erik Hjelt, CFO. After the presentation, we will have some time for questions. And first, we will be taking the questions from the conference call line. After that, we will answer questions from the chat. But without further ado, let's get started. The stage is yours, Jani.

Jani Nieminen
Kojamo Oyj - CEO

Thank you, and good morning, everybody. As we start, I will provide some color on our H1 figures. It's easy to start by saying that the first 6 months has been in line with our expectations. COVID-19 has had an impact to urbanization and rental apartments market. That means that our financial occupancy is temporarily lower and our like-for-like growth has been moderate.

On the other hand, we see that the biggest trends for long-term demand for rental apartments

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