K-fast Holding Ab Class B · OMXSTO:KFAST_B
K-fast Holding Ab Class B — FY2024 Earnings Presentation
12 slides from K-fast Holding Ab Class B's earnings presentation, Feb 14, 2025
Slide 1: Large transaction with Brinova ended the 2024 fiscal year
LARGE TRANSACTION WITH BRINOVA ENDED THE 2024 FISCAL YEAR Year End report January–December 2024 Presenters: Jacob Karlsson, CEO, and Martin Larsson, CFO 14 February 2025 K-Fast Holding AB 2024 – Yer End report Jan-Dec 2024. All rights reserved
Slide 2: 2024 in brief
2024 IN BRIEF • In conjunction with the interim report for the first quarter a new business plan for the period 2024-2028 was presented. The target is to construction start 1,000 apartments per year with a successive increase to 1,200 apartments during 2028. To facilitate expansion, increase own fin
Slide 3: 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
Slide 4: Construction
CONSTRUCTION • The Business segment shall deliver completed housing properties with Business segment Construction as of 31 December 2024 (SEK million) the Groups own developed concept houses as well as high quality frame solutions. Business segment Construction delivers concept houses and SEK millio
Slide 5: Property Management
PROPERTY MANAGEMENT Property Management as of 31 December 2024 • The business segment shall with efficient management and high occupancy rate in the portfolio with focus on housing properties built in SEK million 2024 2023 accordance with the Groups concept contribute with stable and long-term Jan-D
Slide 6: Business segment Property Management
BUSINESS SEGMENT PROPERTY MANAGEMENT SEK million Property Property Management Management Business segment Property Management 2024 2023 Jan-Dec Jan-Dec • Number of apartments under management at the end of the period 4,985 (4,876), +2% • Rental value at the end of the period amounted to SEK 679.1 mi
Slide 7: Business segment Construction
BUSINESS SEGMENT CONSTRUCTION SEK million Construction Construction Business segment Construction 2024 2023 Jan-Dec Jan-Dec • Income amounted to SEK 1,855.0 million (2,359.7), -21% • Concept houses SEK 1,361.1 million (1,769.5), -23% Income 1,855.0 2,359.7 • Other construction SEK 493.8 million (590
Slide 8: Group
GROUP Group SEK million Property Construction Other Eliminations Group Group • Central administration: SEK 67.9 mkr (55.6), of which SEK 59.2 (51.3) milion Management Jan-Dec Jan-Dec 2024 2023 distributed Income 607.9 1,855.0 0.0 -1,309.3 1,153.6 1,094.8 • Interest coverage ratio (12mo): 1.6 times (
Slide 9: Investment properties and balance sheet
Investment properties: SEK 15,616.5 (+5%) SEK million 2024 2023 • completed investment properties: SEK 12,636.8 million (12,514.0), +1% 31 Dec 31 Dec • undeveloped land and building rights: SEK 648.9 million (578.1), +12% Assets • ongoing construction: SEK 2,312.7 million (1,760.8), +31 Tangible non
Slide 10: Financing of the Group
Credit terms for interesting bearing liabilities FINANCING OF THE GROUP 6 000,0 5 000,0 4 000,0 Financing 3 000,0 - Only finanacing trough banks, total comittment SEK 11,700 million - First mortgage for completed investment properties SEK 7,500 million 2 000,0 - Acquisition and operating loans SEK 1
Slide 11: Conclusion
CONCLUSION New business plan for the period 2024-2028 presented and operations divided into the segments Construction and Property Management. The target is to construction start 1,000 apartments per year with a successive increase to 1,200 apartments during 2028. Transaction with Brinova where K-Fa
Slide 12: Questions? ir@k-fastigheter.se
Questions? ir@k-fastigheter.se Interim report January-March 2025: A p r i l 3 0 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