Wihlborgs Fastigheter AB (publ)

Welcome to the presentation of AVOC's full year report 2024. Another year has come to its end and a pretty active start of 25. So at the same time as we summarize 24, we have our full focus on 25 and knowing there is more to harvest in 2026. It is special times, a lot of changes and challenges around us and we must adapt and find new ways. If we put human tragedies aside, change and challenges is nothing new. Time always seems to be special. And that means that what's new is how well and how quickly we adapt and how fast we can find the new opportunities in every day of change. And if anything can summarize the times of today, we claim that it's a time of action. We have been quite successful to adapt and achieve results in challenging times so far. And that ability is the only thing we refuse to change. Let's go to our report and we'll start with a summary of Q4. We have a new record in rental income for one quarter, 1,059,000,000. Net letting positive with 30,000,000. Income from property management up 23% to 452 million.

Net debt to EBITDA below 10 times. Demand remains for good quality in good location.

Project investment continues to give good potential. growth. And as announced yesterday, transaction will also contribute to growth. We'll be I'll come back to that at the end of the presentation.