John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA
John Mattson Fastighetsforetagen Ab — Q1 2026 Earnings Presentation
16 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Apr 23, 2026
Slide 1: Interim Report Q1 January-March 2026
INTERIM REPORT Q1 Januari-March 2026
Slide 2: Presentation Q1
1 Presentation Q1 23 April 2026 Per Nilsson Ebba Pilo Karth CEO CFO
Slide 3: Summary Q1
Summary Q1 2 • Strong growth despite a tough start to the year • Property management profit per share +9.8 % • Long-term EPRA NRV per share +7.1 % • Two residential properties was divested to a newly formed tenant- owner associations. • Signing of a 15-year lease with Vardaga for developing and oper
Slide 4: Goal fulfilment 2026 compared with 2025
Goal fulfilment 3 2026 compared with 2025 • Revenue increased by 4.1 per cent Growth in income from • Property expenses increased by 0.2per cent property management • Net operating income increased by 6.0 per cent Outcome: +9.8 per cent per share • Surplus ratio of 69.2 per cent for the quarter and
Slide 5: Property portfolio
Property portfolio 4 4 82 % property management of the lettable area areas is housing 4 255 340 apartments thousand sq m lettable area
Slide 6: Development projects
Development projects Project Area Number of Status2) Estimated plan 5 apartments 1) date 1. Geografiboken/ Detailed Devel. Abrahamsberg City/Bromma 100 plan in force 2026 Detailed Devel. 2. Ekporten plan in progress Larsberg/Dalénum Lidingö 90 (C) 2027 Detailed Devel. 3. Juno, Käppala Lidingö 50 pla
Slide 7: 6
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Slide 8: JV with Besqab
J V with Besqab 7 • Initially: • Tenant-owner housing project comprising approximately 90 apartments on Lidingö • Residential project comprising approximately 250 apartments in Solna, including both tenant-owner and rental apartments. • John Mattson John Mattson holds an option to acquire the comple
Slide 9: Consolidated income statement
Consolidated income statement 8 2026 2025 Rolling 12 month 2025 Apr 2025 - Mar Amounts in SEK m Jan-Mar Jan-Mar Jan–Dec Rental revenue 172.2 165.4 2026 679.8 673.0 97.3 % economic Property expenses -53.0 -52.9 -186.1 -186.0 occupancy rate Net operating income 119.2 112.5 493.7 487.0 Central administ
Slide 10: Change in property value
Change in property value 9 2026 2025 2025 % of opening % of opening % of opening Development of property value Amounts in SEK m Jan-Mar Jan-Mar Jan - Dec SEK billion property property property 14.57 value value value 0.06 Opening property value 14,539.5 14,097.7 14,097.7 14.54 -0.10 0.05 + Acquisiti
Slide 11: Consolidated balance sheet
Consolidated balance sheet 10 Amounts in SEK m 31Mar 26 31 Mar 25 31 Dec 25 ASSETS Investment properties 14,569.5 14,251.3 14,539.5 6.6 Derivatives 80.8 75.6 36.5 Net interest- Other assets 610.8 588.7 589.4 bearing liabilities, SEK Cash and cash equivalents 76.5 40.1 70.7 billion TOTAL ASSETS 15,33
Slide 12: Financing
Financing 11 Loan-to-maturity Interest-rate hedges at the end of the quarter 1.95 2 500 Average interest rate, hedged years 2 000 volume, excl. margins average loan-to- SEK bn % maturity 1 500 Hedged volume, SEK billion 7,0 2,5 1 000 6,5 500 6,0 0 5,5 2,0 0-1 year 1-2 year 2-3 year 3-4 year 4-5 year
Slide 13: Earnings capacity
Earnings capacity 14 12 Amounts in SEK m 31 Mar 26 31 Dec 25 30 Sep 25 30 Jun 25 31 Mar 25 Rental value 703.3 688.4 689.4 688,2 688.5 Vacancies and discounts -18.9 -16.6 -16.3 -19.0 -16.8 Rental revenue 684.4 671.7 673.1 66.2 671.7 Operating expenses -130.9 -130.4 -130.3 -128.5 -126.1 Maintenance ex
Slide 14: Well positioned in an uncertain world
Well positioned in an uncertain world 13 Key financial metrics Q1 2026 compared with Q4 2021 61 > 73% 9.4 > 6.7 mdkr surplus ratio interest-bearing debt 47 > 65% 58.0 > 45.3% operating margin loan-to-value (LTV)
Slide 15: Summary
14 Summary • Operational strength • Strong progress in project development • Well positioned for the future and continued growth of the company
Slide 16: If you have a question, please dial *5 on your phone
15 If you have a question, please dial *5 on your phone
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