K-fast Holding Ab Class B · OMXSTO:KFAST_B
K-fast Holding Ab Class B — Q1 2025 Earnings Presentation
12 slides from K-fast Holding Ab Class B's earnings presentation, Apr 30, 2025
Slide 1: K-Fastigheter is looking to the future with focus on the construction segment
WITH FOCUS ON THE CONSTRUCTION SEGMENT K-FASTIGHETER IS LOOKING TO THE FUTURE Interim report January–March 2025 Presenters: Jacob Karlsson, CEO, and Martin Larsson, CFO 30 April 2025 K-Fast Holding AB 2025 – Interim report Jan-Mar 2025. All rights reserved
Slide 2: Q1 2025 and events after the period
Q1 2025 AND EVENTS AFTER THE PERIOD • On March 6th an Extraordinary General Meeting to approve the transaction with Brinova. The Boards proposal to confirm the transaction was approved and the transaction was closed om April 1st 2025. As of April 1st Brinova took over K-Fastigheters investment prope
Slide 3: Construction
CONSTRUCTION • The Business segment shall deliver completed housing properties with Business segment Construction as of 31 March 2025 (SEK million) the Groups own developed concept houses as well as high quality frame solutions. Business segment Construction delivers concept houses and SEK million 2
Slide 4: Property Management
PROPERTY MANAGEMENT • The business segment shall with efficient management and high Property Management as of 31 March 2025 occupancy rate in the portfolio with focus on housing properties built in accordance with the Groups concept contribute with stable and long-term SEK million 2025 2024 2024 cas
Slide 5: Business segment Property Management
derivatives portfolio. derivatives portfolio. BUSINESS SEGMENT PROPERTY MANAGEMENT SEK million Property Property Management Management Business segment Property Management 2025 2024 Jan-Mar Jan-Mar • Number of apartments under management at the end of the period 5,082 (5,037), +1% • Rental value at
Slide 6: Business segment Construction
BUSINESS SEGMENT CONSTRUCTION SEK million Construction Construction Business segment Construction 2025 2024 Jan-Mar Jan-Mar • Income amounted to SEK 519.8 million (452.9), 15% • Concept houses SEK 356.4 million (375.0), -5% Income 519.8 452.9 • Other construction SEK 163.2 million (78.0), 109% Expen
Slide 7: Group
GROUP Group SEK million Property Construction Other Eliminations Group Group • Central administration: SEK 14.1 mkr (16.1), 100% distributed Management Jan-Mar Jan-Mar 2025 2024 • Larger impairment (SEK 9.3 million) related to the holding of a former associated Income 161.6 519.8 0.7 -352.2 329.9 23
Slide 8: Investment properties and balance sheet
Investment properties: SEK 16,062.3 (+3%) SEK million 2025 2024 • completed investment properties: SEK 12,936.2 million (12,636.8), +2% 31 Mar 31 Dec • undeveloped land and building rights: SEK 616.7 million (648.9), -5% Assets • ongoing construction: SEK 2,491.4 million (2,312.7), +8 Tangible non-c
Slide 9: Financing of the Group
Credit terms for interesting bearing liabilities FINANCING OF THE GROUP 7 000,0 6 000,0 5 000,0 Financing 4 000,0 - Only finanacing trough banks, total comittment SEK 12,200 million 3 000,0 - First mortgage for completed investment properties SEK 7,500 million 2 000,0 - Acquisition and operating loa
Slide 10: Conclusion
CONCLUSION Transaction with Brinova completed. K-Fastigheter has divested its portfolio of properties in Region South to Brinova and have received payment in form of new issued shares in Brinova. K-Fastigheters ownership in Brinova amounts to 57,6 percent as of April 1 st 2025. 17 ongoing constructi
Slide 11: Questions? ir@k-fastigheter.se
Questions? ir@k-fastigheter.se Interim report Q2 January-June 2025: J u l y 2 2 th, 2 0 2 5 IMPORTANT INFORMATION: This presentation has been prepared by K-Fast Holding AB solely for use at this presentation and is furnished to you solely for your information and may not be reproduced or redistribut
Slide 12: Construction started projects in 2024
C O N S T R U C T I O N S TA R T E D P R O J E C T S I N 2024 Construction started projects in 2024 TOTAL NUMBER OF CONSTRUCTION STARTED APARTMENTS 2024 928 THE FOLLOWING PROJECTS HAVE CONSTRUCTION STARTED Lund (72 apt’s) Örebro (161 apt’s) Västerås (168 apt’s) Göteborg x 2 (299 apt’s) Malmö (154 ap