John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA
John Mattson Fastighetsforetagen Ab — Q1 2024 Earnings Presentation
15 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Apr 25, 2024
Slide 1: Q1 2024
Slide 2: Presentation Q1
Presentation Q1 25 April 2024 Per Nilsson Ebba Pilo Karth
Slide 3: Summary Q1 2024
Summary Q1 2024 * 11% growth in income from property management. * Year’s rent negotiations for Lidingé and Sollentuna completed. * Positive net lettings of SEK 5 million for commercial premises — total of 2,600 square metres in the Slakthusomradet. * The last stage totalling 129 new apartments at t
Slide 4: Goal fulfilment
Goal fulfilment 3 Q1 2024 versus Q1 2025 - . * Retained efficiency in operations albeit negatively Growth in income from affected by a cold quarter with heavy snows property management * Improvement in net financial items due to sales 11% in total resulting in lower borrowings and a new share issue
Slide 5: Property portfolio
Property portfolio L 9 9 Norrort 4 82°, property of the lettable area management is housing areas > ° City/Bromma grains y 4,551 547 apartments thousand sqm a Séderort/Nacka 9 lettable area 9
Slide 6: Project Area Status
Project Area Status Total development portfolio 1) The number of apartments is an assessment by John Mattson and is therefore only preliminary. The figures could change during the course of the project. 2) Estimated plan date is the date when a detailed development plan enters force. An assessment i
Slide 7: Slide 7
Slide 8: Income statement, Jan–Mar 2024
2024 2023 Rolling 12 months 2023 Amounts in SEK m April 2023–March Jan–Mar Jan–Mar Jan–Dec 2024
Slide 9: Change in property value
Change in property value 8 2024 2023 2023 % of % of % of sex ui > 4 * lion Amounts in SEK m opening Jan-Mar OPeMINd Jan-Mar OPENING Jan—Dec property property property 13.6 13.6 value value value 20 D Opening property value 13,567.6 15,695.5, 15,6955 0,3 + Acquisitions 0.0 0.0 0.0 + Investments in ne
Slide 10: Consolidated balance sheet
Consolidated balance sheet Amounts in SEK m 31Mar 202431 Mar 2023 31 Dec 2023 ASSETS investment properties 13,563.2 149747 13,567.6 Derivatives 113.6 200.3 69.0 Other assets 570.6 447.8 492.1 ° Cash and cash equivalents 391.0 48.5 433.7 Ella TOTAL ASSETS 14,6384 15,671.83 14,5624 EQUITY AND LIABILIT
Slide 11: Loan-to-maturity and fixed-interest period
Loan-to-maturity Average interest rate at the end of the quarter 2 000 1 500 1 000 500 0 Fixed-interest period 2 000 1 500 1 000 500 0
Slide 12: Earnings capacity
Earnings capacity Amounts in SEKm 31 Mar 2024 Rental value 654.2 Vacancies and discounts -19.8 Rental revenues 634.4 Operating expenses 127.2 Maintenance expenses “15.9 Property tax -13.6 Property administration -19.6 Net operating income 458.1 Central administration costs 49.3 Net financial items -
Slide 13: Outlook
Outlook * Energy optimisation ¢ Implementation of three-year plan * Total investment of SEK 60 million in 2024 * Apartment upgrades * Preparing to restart upgrade projects. ¢ Profitable investments with direct yields of 5-6.5% * Reduced climate footprint
Slide 14: yah as rp mags
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Slide 15: Questions
Questions JohnMattson [4
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