Castellum AB (OSTO:CAST)
kr 129 0.4 (0.31%) Market Cap: 63.53 Bil Enterprise Value: 122.21 Bil PE Ratio: 0 PB Ratio: 0.81 GF Score: 75/100

Q4 2022 Castellum AB Earnings Call Transcript

Feb 13, 2023 / 09:00AM GMT
Release Date Price: kr116.22 (-5.72%)
Operator

Welcome to Castellum Q4 Report 2022. (Operator Instructions) Now I will hand the conference over to Joacim Sjöberg, acting CEO; and Jens Andersson, Head of Treasury.

Joacim Sjoberg;publ;Acting CEO;Director
Castellum AB

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Hi. Welcome, everyone. Welcome to this year-end report.

As you can see from the slides, there has been a tremendous year behind us. Income from property management is up by 28%. Our EPRA NRV per share are up -- sorry, down slightly. But the like-for-like figure is up 7.2% year-end. The main drivers behind this increase is the successful renegotiation and indexation of our leases. And in the total portfolio, we are up by 5.2%, compared to last year. The net leasing, as you can see, is up by SEK 161 million, and we have an increase -- an ICR of almost 4x, down slightly from 5 last year. And the driver behind the decreased ICR is mainly the interest rate hike that we see in 2022.

So if we look at the important events during and after this quarter, of course, one of the main

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