John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA
John Mattson Fastighetsforetagen Ab — Q4 2024 Earnings Presentation
21 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Feb 13, 2025
Slide 1: Q4 2024
Slide 2: Presentation Q4, 13 February 2025
Presentation Q4 13 February 2025 Per Nilsson Ebba Pilo Karth CEO CFO JohnMattson
Slide 3: Summary 2024
Summary 2024 * Continued positive trend in 2024 * Income from property management up 46% on 2023 * Net reinstatement value (NRV) up 8.7% on 2023 * Advances in sustainability - focus on energy * Improved macroeconomic preconditions * Successful company transformation * Increased focus on growth and s
Slide 4: Goal fulfilment
Goal fulfilment 3 2024 compared with 2023 Surplus ratio of 72% retained Growth in income from o Gueacssillieitines, property management occupancy rate of 97.6% 46% in total * 10% lower energy consumption in the quarter down 8% per share Divestments and rights issue reduced debt . Value change of 0.8
Slide 5: Target met, partially met, not met
TARGET MET TARGET PARTIALLY MET TARGET NOT MET
Slide 6: Key financial metrics 2024 compared with 2021
Key financial metrics 2024 compared with 2021
Slide 7: Property management, adding value, infill development, acquisitions
Property manageme • nt • • Adding • value • • Infill • developme nt • • Acquisition s •
Slide 8: We have followed our plan
We have followed our plan 7 The last stage totalling 129 new apartments at the Gengasen 4 property in Orby was completed The second stage totalling 76 upgraded apartments at the Gengasen 4 property in Orby was completed John Mattson’s largest solar panel project started in Larsberg- energy investmen
Slide 9: Property portfolio
Property portfolio 8 9 9 Norrort 4 82% property of the lettable area management is housing areas ~ ° City/Bromma gieinge y 4,526 545 apartments thousand sqm a Séderort/Nacka 9 lettable area 9
Slide 10: Project areas and status
Project Area Number of Status Estimate apartments1) d plan date2)
Slide 11: Slide 11
Slide 12: Ekporten, Lidingö and Länsetten, Örnsberg
Ekporten, Lidingd 90 apartments Lansetten, Ornsberg 50 apartments
Slide 13: Lower expected population growth
Lower expected population growth (2 Population growth - Index base year 2024/percent per year - ue H=aSweden 4.00% wi — Sweden FORECAST 10 3,50% 3,00% 105 2,50% 100 2,00% 95 1,50% 90 1,00% . MT ll . 90 l ee ee i SBEGHS EE SES! Sag 8 3 RSSONCE EEE ereCn ama SESABSSSSSSSSRSSSSTSRSSRSSSSERRS SESRSSZSRS
Slide 14: Big variations across the country ahead
Big variations across the country ahead (3 Population growth - Index base year 2024/percent per year - 115 4,00% Gam Sweden FORECAST Sweden 3,50% 110 yee — 25% lowest growth — 25% highest growth 3,00% 105 - - Stockholm Géteborg Malmé Uppsala ’ 2,50% 100 2,00% 95 1,50% 90 1,00% : | | | | | “ 20 l PRG
Slide 15: Consolidated income statement
Consolidated income statement 2024 2023 2024 2023 Amounts in SEK m Oct-Dec Oct-Dec Jan-Dee Jan-Dee Rental revenues 162.5 146.3 642.7 610.4 97.6% Propertv exoenses 52.0 448 183.0 173.1 economic Net operatina income 110.4 101.5 459.7 437.3 occupancy rate Central administration costs 12.6 138 50.4 51.0
Slide 16: Development of property value
Development of property value
Slide 17: Consolidated balance sheet
Consolidated balance sheet Amounts in SEK m 31 Dec 2024 31 Dec 2023 ASSETS Investment properties 14,097.7 13,567.6 Derivatives 18.0 69.0 Other assets 587.7 492.2 Cash and cash eauivalents 61.0 433.6 TOTAL ASSETS 14,764.5 14,562.4 EQUITY AND LIABILITIES Eauitv attributable to Parent Companv sharehold
Slide 18: Loan maturity and fixed-interest period
Loan-to-maturity Average interest rate at the end of the quarter 2 500 2 000 1 500 1 000 500 0 Fixed-interest period 2 000 1 500 1 000 500 0
Slide 19: Earnings capacity
Earnings capacity Amounts in SEK m 31 Dec 2024 Rental value 658.9 Vacancies and discounts -15.9 Rental revenues 643.0 Operating expenses -128.9 Maintenance expenses -21.1 Property tax -12.5 Property administration -21.1 Net operating income 459.3 Central administration costs -50.4 Net financial item
Slide 20: yah as rp mags
a4 yah as rp mags \ ih re; 2% i 7 sk 4 ‘denerations Vas a
Slide 21: Questions
Questions JohnMattson 20
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