The presentation will be given by Peter Wallin, our CEO, and Lars Granlöf, our CFO. After the presentation, there will be a Q&A session. Let's get started. Perfect. Thank you very much, Susanna, with all that energy from here from Stockholm. Let us take you through the second quarter. During the quarter, we can see that the market is stabilizing, and we are seeing a gradual pickup of sales. This is not done easily. This is a lot of work involved, of course, with doing the sell and sales, and we need to be very close to our customers and the market. It also means that we need to adapt the offering quite a bit, and it entails all kinds of different options. We are, of course, sometimes we need to adjust sales prices, but we also adjust the offering as such, trying to slim it down in terms of, how costly it could be, and also being flexible sometimes of, moving periods, et cetera. There's a lot of things we're working with, but staying close to the market is absolutely a key in that. We saw the stabilizing market condition predominantly across the board, but, our strongest market continued to be the strongest, and here we also saw the best development in the second quarter. That relates to our biggest market in Germany, where our biggest region in Germany, Berlin, offered good conditions for growing the business, selling more, as well as in Dortmund and Cologne, and also Riga in the Baltic operations. Another thing which we are seeing even stronger signs of now is an abating cost inflation. Cost is decreasing both from reduced costs of the input materials, but also for the services connected of connected to the construction and contracting industries and the subcontractors. If we talk about the Q2 numbers very briefly, we are doing a number of measures to improve the cash flow, because the cash flow is needed in order to offer more room to grow the business going forward. It's a very stark comparison, of course, to last year, because it was very different conditions in the profit recognized from projects last year. Also, of course, that we had a much bigger chunk of B2B deals in this quarter compared to the second quarter last year. The B2B deals that we are talking about is also with very positive payment terms. That is good from both building up the business volume, but also increasing the cash flow. We have talking about the savings of the indirect cost and selling and admin costs, and we are well on track on the savings. Of course, we are continuously reviewing the business volume, and we are reducing all kinds of costs all of the time. This is something which we need to continue to do. Of course, in every given quarter, there could be a certain delay from reducing the costs, and that is why the net decrease is not as big as the cost decrease, gross decrease that we are conducting and executing. Finally, of course, concluding the divestiture of the Norwegian business increases our financial position and also reduces the future drag on cash flow. It also means that we can put more focusing on developing the rest of our businesses. The measures to improve cash flow then is selling, staying close to the market. I can't sort of emphasize this enough, how important it is, because it's a competition out there of selling right now. We want to make sure that the customers select and choose Bonava. That also means that it's very good that we have a decentralized business model now, where the businesses are very much in the driving seat when it comes to taking the right decisions. Secondly, continuously adapting the admin and indirect cost to the business volume. We are looking into this. We are also making sure that the businesses are very much on top of the cost levels that they have, compared to the volumes that we see ahead. Thirdly, optimizing the portfolio of land banking projects. We can see stark differences between markets, both within the same city, actually. It also means that, again, being close to the market is very important. It also means that we need to question sometimes if we should reallocate capital to the better part of the markets, and that also means that Bonava don't necessarily is the long-term holder of certain building rights. This is something which we are working with. We are doing some work with this in the quarter, and we are continuing to develop and looking into selling building rights and converting projects. Talking about projects, let me take you through two projects that we started in the second quarter, one project in Dortmund. 64 houses for consumers, and this is a very nice project, predominantly for families with kids. It's a lot of room to have the trampolines and the play in the gardens. We also have a great project with a lot of greenery in Riga, Latvia. This is also a project for consumers. You can see all of the starts on our website also. With that, I turn over to you, Lars. Thank you, Peter. Good morning, everyone. Let's start, as we always do, with a bridge of the recognized units compared to the guidance quarter. As you have seen, we were completing slightly less than we were guiding for. However, if you look at the consumer units, we have projects in Germany and Baltics that have been sliding over to the next quarter. On the other hand, on the investor side, we have managed to finalize a project in Finland before plan. Out of the 1,256 completed, 106 remain unsold by the end of the quarter. However, we managed then to sell out of the balance that we had by the end of the first quarter, 70 units of that. That means that we have actually then recognized about 1,200 units. You see here that it's 50/50 between B2B, the investor deals, and the consumer deals. Going back to what Peter mentioned earlier on, it's a different mix than we had in the prior year. If we then move over to the income statement, we see that our net sales is slightly higher than the prior year with a few units more recognized than in the prior year. Also with the weak Swedish krona, we have an impact, a positive impact, from currencies on sales and all of the lines in the income statement. As Peter was also alluding to, we have a gross margin that has been impacted then by the mix, with more of investor project at lower margins. We also had a significant portion of very high-margin projects, handed over, completed and handed over in the prior year. Costs have been coming down, sales and admin costs down to below SEK 180 million, compared to the about SEK 200 million in the prior year. With an operating margin just north of 5% compared to the 10% in the prior year. We have a significant negative impact in our financial net, coming from higher net debt, higher borrowings, but also, of course, higher interest rates in the market compared to the prior year. If you come the all way down, we see the net profit from the continuing operations, and below that, we have the results from the discontinued operations, i.e., St. Petersburg, that we have classified as discontinued for quite some time now, not contributing very much to that line. The most significant part of it is, of course, the loss from the divestiture of Norway, SEK 824 million out of the SEK 854 million that we are reporting. If you look at our BUs, starting with Germany, now being almost 60% of the business in the group, we see a slightly lower sales figure, despite a significantly lower number of units recognized compared to the prior year. Of course, the currency impact is coming here in a positive way. Gross margin, as I said earlier on, impacted negatively by the product mix, but we have also then taken measures to improve cash flow, among them, the impairment here of SEK 34 million. We saw sales picking up, even though from low level, 212 compared to 115 units in the first quarter. Sweden being the second largest, with just about 20% of our business, with net sales close to the prior year, with gross margins then impacted again by measures to improve our cash flow. We have taken some risk provisions also in the Swedish business unit. We saw an increase in the number of sold units, even though from very low level, only 14 units in the first quarter, coming up to 43 units in the second quarter. Finland, 13%, Finland being the strongest, I would say, in the Q2 report, with a significant amount of handovers compared to the prior year. With margin improvements coming from cost control, as well as our high volume of units recognized. We see that we're coming from low levels of sales, but we now managed to sell 39 units in this quarter. On the other hand, on the investor side, none, no one sold in compared to the prior quarter with 75. Finland is a very tough market. We have number of competitors with significant amount of completed unsold. It's a tough market also going forward here. The Baltics, with net sales slightly lower than the prior year, with fewer units recognized, lower gross margin due to product mix. We continue to see Riga as the driver of the development in the Baltics, but also with some improving conditions in Tallinn, in Estonia. Coming up now in the third quarter, we will see the first build-to-manage project as to be completed in the reporting. Going from the BUs, coming to Norway, it was, of course, very positive that we managed to close the deal, by the end of the quarter, as we have now sold the business to Union Residential Development, the fund. We sold it for SEK 1.5 billion, with a net impact, a net loss of about SEK 800 million, including the foreign currency reserve that is part of equity, ongoing. Of course, we have freed up capital. About SEK 800 million of the price have been paid cash, and the rest will be coming through, payment of vendor loans, that will be maturing over the coming two, three years. Saint Petersburg, still an ongoing process. You saw that we have signed with a new party during the quarter. The process of achieving approvals from the authorities are ongoing. If you look at ongoing operations, we managed to actually complete one of the projects and have over eight units of those in the quarter. There are some 260 units still in production that will be completed during the year. In relation to the completion and handovers in the quarter, we actually managed to amortize project financing and get release of parent company guarantees for that, reducing the financial risks for our investment in St. Petersburg. Going from that over to our balance sheet, we see a decline. I think it goes without saying, since we have now deconsolidated Norway in our balance sheet. That has a positive impact. On the other hand, we have an increase then of our total asset with about SEK 1.1 billion compared to the end of the year last year, due to currencies. On the cash flow side, we have a positive cash flow in the quarter. Of course, the divestiture of Norway is one of the contributor, but you also see here that we have less investments in ongoing housing projects, and also less investments, of course, in land, in plots in the quarter compared to the prior year. That means that, with a positive cash flow, we have seen the net debt coming down to SEK 6.6 billion. Out of that, SEK 1.5 billion is coming from net debt from tenant-owner associations and housing companies. You see that, the loan covenants that we have, equity to assets ratio and interest coverage ratio, we are well within the boundaries stipulated by our loan agreements. If you then look at, the maturities of our funding portfolio, you'll see that we have an upcoming bond maturity in 2024, and we also, of course, have the revolving credit facility coming up in 2025. These remain to be the highest priorities, of course, for us, to refinance that. That is work ongoing, and it will be ongoing now during the autumn of this year. If you then come to the building rights portfolio, you see that the number of building rights is basically at the same level as we had in the first quarter, with some movements in between the business units. If you look at the 29,400 building rights that we have, about 50% of those were actually acquired before the beginning of 2021. We are currently estimating to utilize 7,700 of those for starts in 2023-2025, but given the current market circumstance, of course, things can change. Out of these 7,700, almost 90% we are estimating going into the multifamily housing, and we are also estimating more than 70% in the consumer side. We are looking into conversions of consumer to investors in order to improve the cash flow with a better pattern from a cash flow perspective in investor deals. With that, I hand back to you, Peter. Thank you very much, Lars. Impressive speed, as always. Let me try to wrap this one up. No one has missed, I hope, that we are prioritizing selling homes and improving cash flow going forward. That are our two key priorities. We are seeing the stabilizing market condition in the second quarter, and sales is gradually picking up. If you then also look into the completion graphs that we are distributing in each report, I also would like to draw your attention to the fact that we have a low volume in the third quarter this coming year. We also have, as usually, a very strong fourth quarter around the corner. With that, I think we are completed here now, Susanna, in terms of presenting the second quarter. Thank you, Peter, and thank you, Lars. Now we will be taking questions. To ask a question, you can type it in the webcast or dial star five in the teleconference. Do we have any questions? If you wish to ask a question, please dial star five on your telephone keypad to enter the queue. If you wish to withdraw your question, please dial star five again on your telephone keypad. No telephone questions, but I've got a question from Stefan Andersson here regarding financial costs. Financial costs per quarter have shifted markedly upwards lately. Could you comment on what interest rates Bonava currently pays on its financing, and what could be expected in the coming quarters? Yes, good question. Of course, with the increased indebtedness, if we compare it to the prior year, and the increased market interest rates, of course, it goes without saying that we are increasing our financial cost. I would say that the average cost for the quarter, we are on the, say, 6.5% level. It depends, of course, on the market, what will be happening going forward. We are utilizing our revolving credit facility, and if the market interest rates are increasing, of course, that can have a further negative impact on us. Yes. We have the next question from Keivan Shirvanpour at SEB, who asks: "Could you give a rundown on your process for further deleveraging in the upcoming 12 months, and the cash flow generation? Yeah, we are not giving any forecasts, of course, but we are, as both me and Peter have been speaking about, looking into converting consumer deals over to investor deals to have a better cash flow, cash generating profile. We are also, of course, looking into what are the projects that we are starting, so we'll see that they are cash generating, and at least not cash consuming. We are looking into our land bank, to see whether there are parts of the land bank that we will divest, we should divest, because it's not strategic for us, or it will take a very long time for us really to develop that, and it's then, putting, of course, a drag on the balance sheet and the cash flow. There are a number of things that we are doing, as I said, we are not going to give any forecast in order to for the future. Right. If I could, if I can build upon on Lars' very good answer there, it's also the fact that we are within the financial covenants, and we are also within our internal indebtedness of gearing— net gearing ratio. This kind of business, with the balance sheet also lends it into, that we need to focus on starting new projects. Indebtedness follow the sort of the cycle of the project and the growth in the project. We will see a natural deleveraging by handing over projects and completing projects, but then we need to start new projects, because this is our bread and butter business. Right. Which leads me to the next question from Kevan, which is: "What are prospects for long-term margins and the targets that we've set? The EBIT margin target that we have set is 10%. That means that we need to find a gross margin in the tune of 15%-16%. We have a selling and admin around 5%-6% to give that 10%. The market has been very tough, because it's been a shift in the prices and a shift in costs at the same time. Now, when we are seeing this started stabilizing, that is also give us some indication that we are starting to find the levels of selling prices and cost of building the homes. The long-term margin target is the 10%. Very good. This leads me to the next question. Matthias is wondering, "Did I understand Peter correctly, that we see a descent in material prices and service prices? Yes. Yes. Very clear. Simen at DNB is wondering about comments on the gross margin in Sweden. The large drop is this driven by lower price, or higher costs, or a mix of those? How big discounts are now given on units sold? It's a mix of course, cost component and sales component, and we are not giving any general discounts. I mean, it's a process that, where we're looking at it object by object, unit by unit, and looking to what do we need to do in order for us to drive sales, because sales is, of course, very, very important for us to drive the business and to drive cash flow to generate cash flow for further starts. Very good. Are there any other questions on the telephone? Nope. As there are no further questions, I would like to bring to your attention that our results for the third quarter will be presented on November 15, so this has been pushed forward slightly. With that, I would like to thank you for listening, and wish you all a very good summer.