Prisma Properties Ab · OMXSTO:PRISMA

Prisma Properties Ab — Q2 2025 Earnings Presentation

21 slides from Prisma Properties Ab's earnings presentation, Jul 18, 2025

  1. Slide 1: Prisma Properties

    PRISMA PROPERTIES

  2. Slide 2: Today's presenters

    Today’s presenters Fredrik Mässing Martin Lindqvist CEO CFO 2

  3. Slide 3: Agenda

    Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna

  4. Slide 4: Q2 2025 summary – continuing at a fast pace

    Q2 2025 summary – continuing at a fast pace Highlights Rental income development Key figures SEKm +10%  First acquisition in Finland closed on July 1st – a key step in our Nordic expansion 135 SEK 7.5bn Number of properties Property market value  Signed several long lease agreements that will stre

  5. Slide 5: Tenants and lease maturity development – WAULT of 8.3 years

    Tenants and lease maturity development– WAULT of 8.3 years Tenant base – including ongoing projects Rental income split Lease maturity structure – 87% of leases mature 2030 and beyond Top 10 largest tenants1 33% Rental value Tenant Category Discount SEKm % 45% Dollarstore Discount 105 20% Willys Gro

  6. Slide 6: Property portfolio – again, small yield changes in the quarter

    Property portfolio – again, small yield changes in the quarter Property portfolio Changes in the property portfolio (Q4’24 vs. Q2’25) SEKm +105 -38 +129 +166 Norway Project properties 50 658 -163 Denmark 1 292 Property value Property value 7 471 per geography, per type, 7 273 SEKm SEKm Sweden Proper

  7. Slide 7: Current development portfolio – five ongoing projects with avg YoC

    Current development portfolio – five ongoing projects with 8,0% avg YoC Project portfolio overview Estimations, SEKm Estimated NLA, Property name Country Municipality Category Rental Total Remaining WAULT, completion sqm NOI value investment investment years Börstil 11:14 Sweden Östhammar Discount 2

  8. Slide 8: Construction Starts – Q3 2025 to Q3 2026

    Construction Starts – Q3 2025 to Q3 2026 Planned projects Tenant Municipality NLA sqm Investment (Msek) Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 Q1 27 McDonalds Eksjö, SE Started Q2 Willys, Dollarstore & McD Kiruna, SE Started Q2 Netto Hammelev, DK 1 000 41 Discount Vagnhärad, SE 3 565 49 Dollarsto

  9. Slide 9: Charging business and battery project

    Charging business and battery project Charging  260 charging outlets operational as of June 30th with leading operators  465 charging outlets signed and to be installed  Current rental income of SEK 3 million  Signed rental income of additionally SEK 6 million  Zero capex and close to zero opex

  10. Slide 10: Shareholders as of Jun 30th

    Shareholders as of Jun 30th Shareholders # shares % Alma Property Partners II 57 711 693 35,1% Alma Property Partners I 33 369 325 20,3% Capital Group 9 781 818 5,9% Bonnier Fastigheter Invest 8 807 382 5,4% Swedbank Robur Fonder 6 835 415 4,2% Länsförsäkringar Fonder 6 620 000 4,0% Case Kapitalförv

  11. Slide 11: Agenda

    Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna

  12. Slide 12: Income – growing rental income on the back of completed projects, acquisitions and CPI adjustments

    Income – growing rental income on the back of completed projects, acquisitions and CPI adjustments Rental income excl other income Net operating income & surplus ratio Profit from property management, adjusted *) SEKm SEKm SEKm +10% Rental income growth attributable to project completions, acquisiti

  13. Slide 13: Capital structure – stable financial position

    Capital structure – stable financial position Selected metrics as of 30th Jun 2025 46% 35% 54% 2.4x 6% 15% Gross LTV Net LTV Equity ratio Interest 46% coverage ratio SEK 3,405 33% 4.13% 3.1 2.6 (4,08%) Debt maturity, Average period of Average years interest, years Swedbank Nordea Spar Nord Danske Ba

  14. Slide 14: Earnings capacity +40% since listing in Q2 -24

    Earnings capacity +40% since listing in Q2 -24 Current earnings capacity Comments  The table to the left presents the current earnings capacity for Prisma’s property management operations on a twelve-month basis SEK million 1st Jul 25 Rental value 503  The current earnings capacity is not a foreca

  15. Slide 15: Agenda

    Agenda 1 Business update 2 Financial update 3 Q&A Stämpeln 1, Sollentuna

  16. Slide 16: Q&A

    Q&A 16 PRISMA

  17. Slide 17: Appendix

    Appendix Algutsum 20:24, Mörbylånga

  18. Slide 18: Income statement

    Income statement 2025 2024 2025 2024 R12 2024 SEK million Apr-June Apr-June Jan-June Jan-June 2024/2025 Jan-Dec Rental income 118 99 231 192 432 393 Invoiced property costs 9 11 22 20 43 42 Property costs -19 -18 -46 -36 -81 -70 Property administration -7 -6 -13 -10 -23 -20 Net operating income 100

  19. Slide 19: Balance sheet

    Balance sheet 2025 2024 2025 2024 SEK million 30-jun 30-jun SEK million 30-jun 30-jun ASSETS EQUITY Fixed assets Equity Intangible assets Share capital 1 1 Goodwill 174 174 Equity attributable to parent company's shareholders 4 680 4 450 Other intangible assets 4 3 Equity attributable to non-control

  20. Slide 20: Cash flow statement

    Cash flow statement 2025 2024 2025 2024 R12 2024 SEK million Apr-June Apr-June Jan-June Jan-June 2024/2025 Jan-Dec Operating activities Earnings before tax 54 -37 166 -49 301 86 Adjustments for items not included in the cash flow -5 56 -69 77 -104 41 Financial items 0 7 2 -10 6 -5 Change in value of

  21. Slide 21: Prisma Properties

    PRISMA PROPERTIES

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