Here are Frans’s preview comments as Ovaro releases its Q4 results on Thursday, Feb 26. 
We forecast the earnings level to rise to a fairly good level due to a positive fair value change of the land area in the Jyväskylä Kukkula project, although we expect a negative fair value change for the rest of the real estate portfolio. We anticipate the company will guide for stable earnings performance. In 2026, it is critical for the company to launch new projects from its pipeline and create the conditions for starting new construction in the Jyväskylä Kukkula project. We expect a dividend proposal of EUR 0.13.