John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA

John Mattson Fastighetsforetagen Ab — Q1 2021 Earnings Presentation

13 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, May 6, 2021

  1. Slide 1: John Mattson

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  2. Slide 2: Presentation Q1 6 May 2021

    Presentation Q1 6 May 2021 Siv Malmgren, Maria Sidén, CEO Chief Financial Officer 2

  3. Slide 3: Goal fulfillment Q1 2021 versus Q1 2020

    Goal fulfillment Q1 2021 versus Q1 2020 21% growth SEK 8.2 billion -14% growth in net asset value in property value in income from 31 March 2021 property management (Adjusted non-recurring item growth 19%) 3

  4. Slide 4: Significant events

    Significant events  Land allocation from the City of Stockholm for the Slakthusområdet leasehold property  Agreement to remain as owner and develop the leasehold with commercial buildings in Slakthusområdet  Information about planned CEO succession Events after the end of the period  Agreement t

  5. Slide 5: Key metrics Jan–Mar

    Key metrics J an–Mar 2021  Property value: SEK 8.2 billion  Number of apartments: 2,829  Rental value: SEK 339.8 million  Rental value/sq m: SEK 1,574 sq m  Income from property management: SEK 15.8 million  NAV: SEK 4.6 billion  Loan-to-value ratio: 43.8% 45 5

  6. Slide 6: Income from property management

    Income from property management -14% income from property management per share 94.9% economic occupancy rate Net operating income, SEK million Income from property 250 management, SEK million 100 200 90 80 150 70 60 58% 100 50 surplus ratio 40 30 50 20 10 0 2017 2018 2019 2020 Q1 2021 0 2017 2018 20

  7. Slide 7: Property value & net asset value

    Property value & net asset value SEK 8,2 billion in property 9 000 140 value 8 000 120 7 000 100 SEK 34 6 000 million 80 invested SEK million 5 000 2021 SEK/share 4 000 60 3 000 40 2 000 21% average growth 20 1 000 in net asset value per share 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Q1

  8. Slide 8: Financing

    Financing 43.8% loan-to-value ratio 2.2x interest coverage ratio 4 000 46 2,5 3,0 3 500 44 2,5 2,0 3 000 42 2,0 2 500 SEK million 40 1,5 multiple 2 000 1,5 % % 38 1 500 1,0 1,0 36 1 000 0,5 34 0,5 500 0 32 0,0 0,0 2017 2018 2019 2020 Q1 2021 2017 2018 2019 2020 Q1 2021 Utilised LTV Average interest

  9. Slide 9: Sustainability

    Sustainability  Climate mapping pursuant to the Greenhouse Gas Protocol  Scopes 1 and 2 completed, Scope 3 ongoing  Climate targets in 2021 in accordance with Science Based Targets  Alternate energy sources and energy projects for reduced energy consumption  Svanen environmental certification o

  10. Slide 10: Outlook

    Outlook  Focus remains on acquisitions in the Stockholm region and discussions are being pursued with prioritised growth municipalities.  Complete base upgrades and conversions of premises in Käppala.  Apartments receiving total upgrades – at least 100 annually.  Project planning for base and to

  11. Slide 11: Business idea

    Strategies  Manage efficiently Business idea   Add value through upgrades Densification To own, manage and develop  Acquisitions with development potential residential properties and attractive local communities in the Financial targets Stockholm region.  +10% annual growth in net asset value/s

  12. Slide 12: Great neighbourhoods across generations

    Great neighbourhoods across generations 12

  13. Slide 13: Questions

    Questions JohnMattson

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