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Fibra UNO (FBASF) Q1 2026 Earnings Call Transcript
SA Transcripts · 2026-05-01 · via All Articles on Seeking Alpha

Fibra UNO (FBASF) Q1 2026 Earnings Call April 30, 2026 2:00 PM EDT

Company Participants

André Arazi - Chief Executive Officer
Jorge Pigeon Solórzano - Vice President of Capital Markets & Investor Relations

Conference Call Participants

Carlos Peyrelongue - BofA Securities, Research Division
André Mazini - Citigroup Inc., Research Division
Ernst Mortenkotter - GBM Grupo Bursátil Mexicano, S.A. de C.V. Casa de Bolsa, Research Division
Felipe Barragan Sanchez - JPMorgan Chase & Co, Research Division
Wilfredo Jorel Guilloty - Goldman Sachs Group, Inc., Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and I'd like to welcome you to Fibra UNO's First Quarter 2026 Results Conference Call on the 30th of April 2026. [Operator Instructions] So without further ado, I'd like to pass the line to the CEO of Fibra UNO, Mr. Andre El-Mann. Please go ahead, sir.

André Arazi
Chief Executive Officer

Thank you, Luis. Thank you, everybody, for listening to our call. We want to discuss our first quarter of 2026 results we have posted yesterday, which we believe are very solid results for our company. We closed at 95.7% occupancy level overall. That being said, we have above 94% on the retail segment, close to 98% on the industrial segment and close to 83% on the office segment. I think that these numbers can say a lot about our company or can say very little about our company, depending on the memory span that we have. We have a very large span of memory. So we believe that these are very strong.

This quarter represents various milestones for our company in our history. It's our very first quarter, fully consolidated with Fibra NEXT, our carve-out of last quarter last year. And is the first quarter completely internalized in our management. So we believe that the numbers are only to improve in the