John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA
John Mattson Fastighetsforetagen Ab — Q4 2025 Earnings Presentation
17 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Feb 12, 2026
Slide 1: Interim Report Q4 / Year-End Report 2025
INTERIM REPORT Q4 2024 Q4 YEAR -END REPORT 2025
Slide 2: Presentation Q4 – 12 February 2026
1 Presentation Q4 12 February 2026 Per Nilsson Ebba Pilo Karth CEO CFO
Slide 3: Summary 2025
Summary 2025 2 • We exceed our financial targets • Income from property management per share up 14.6% on 2024 • Net reinstatement value (NRV) per share up 7.4% on 2024 • Continued progress within sustainability • We are following our growth plan • Active capital allocation • Subsequent to the end of
Slide 4: Goal fulfilment 2025 compared with 2024
Goal fulfilment 3 2025 compared with 2024 G rowth in income from • Revenue increased by 4.7 per cent property management • Property expenses increased by 1.6 per cent Outcome: +14.6 per cent per share • Net operating income increased by 5.9 per cent Target: +10.0 per cent per share • Surplus ratio o
Slide 5: Sustainability targets
Sustainability targets 4 Safe neighbourhoods – outperform the sector Dynamic and safe local average 81.6 % (Sector: 81,3 %) communities Attractive neighbourhoods – outperform the 86.2 % (Sector: 84.7%) sector average Responsible material and Reduce GHG emissions from new builds and redevelopments –
Slide 6: We follow our plan
We follow our plan 5 Property • We are following our plan to reduce the energy consumption of our properties. management • Energy consumption in 2025 was 7 per cent lower compared to the preceding year. • Launch of an upgrade project comprising 282 apartments in Rotebro, Sollentuna Adding • During Q
Slide 7: Excluding market effects, NOI has increased SEK 270 per square metre
Excluding market effects, net operating income (NOI) has increased SEK 270 per 6 square metre John Mattson’s NOI trend 1 compared with market -driven NOI trend - SEK per sq m - 1 400 Market-driven net operating income (NOI) development Marknad John Mattson 1 300 John Mattson’s net operating income (
Slide 8: Property portfolio
Property portfolio 7 4 82 % property management of the lettable area areas is housing 4 302 342 apartments thousand sq m lettable area
Slide 9: Development projects
Development projects Status 2) 8 Project Area Number of Estimated plan 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 (B) 2027 Detailed Devel. 3. Juno, Käppala Lidingö 50 p
Slide 10: Consolidated income statement
Consolidated income statement 9 2025 2024 2025 2024 Amounts in SEK m Oct –Dec Oct –Dec Jan –Dec Jan –Dec Rental revenue Property expenses 168.6 -53.6 162.5 -52.0 673.0 -186.0 642.7 -183.0 97.6 % economic Net operating income 115 .0 110 .4 487 .0 459 .7 occupancy rate Central administration costs -13
Slide 11: Change in property value
Change in property value 10 2025 2025 2024 Amounts in SEK m % of opening % of opening % of opening Development of property value Oct -Dec Jan-Dec Jan-Dec property property property 14.5 value value value Opening property value 14,543.9 14,097.7 13,567.6 SEK billon Mdkr -0.1 0.4 + Acquisitions 0.0 0.
Slide 12: Consolidated balance sheet
Consolidated balance sheet 11 Amounts in SEK m 31 Dec 2025 31 Dec 2024 ASSETS Investment properties 14,539.5 14,097.7 6.7 Net interest- Derivatives 36.5 69.2 bearing Other assets 589.4 587.7 liabilities, SEK Cash and cash equivalents 70.7 61.0 billion TOTAL ASSETS 15,236.0 14,815.7 EQUITY AND LIABIL
Slide 13: Financing
Financing 12 Loan -to-maturity Interest -rate hedges at the end of the quarter 2 500 2.2 years Average interest rate, hedged average loan -to- 2 000 maturity volume, excl. margins SEK bn % 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 ye
Slide 14: Earnings capacity
Earnings capacity 14 13 Amounts in SEK m 31 Dec 25 30 Sep 25 30 Jun 25 31 Mar 25 31 Dec 24 Rental value 688.4 689.4 688.2 688.5 658.9 Vacancies and discounts -16.6 -16.3 -19.0 -16.8 -15.9 Rental revenue 671.7 673.1 669.2 671.7 643.0 Operating expenses -130.4 -130.3 -128.5 -126.1 -128.9 Maintenance e
Slide 15: Future Outlook
Future Outlook 14 • E xternal environment • Evolving demographic trends • Gradual economic recovery • Continued geopolitical uncertainty • Well positioned for the future
Slide 16: Summary
15 Summary • Exceeding our financial targets • Executing on our growth plan • Well positioned for the future and continued expansion of the company
Slide 17: Questions
Questions JohnMattson (6
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