John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA
John Mattson Fastighetsforetagen Ab — Q4 2022 Earnings Presentation
18 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Feb 22, 2023
Slide 1: Q4 2022
Q4 2022
Slide 2: Presentation Q4
1 Presentation Q4 22 February 2023 Per Nilsson Mattias Lundström CEO CFO
Slide 3: Goal fulfillment Q4 2022 versus Q4 2021
Goal fulfillment 2 Q4 2022 versus Q4 2021 38% growth in -1% growth income from in net asset value property management
Slide 4: Focus areas – sustainability targets
Focus areas – sustainability targets 3 Dynamic and safe local communities 1 Responsible material and waste management 2 3 Energy-efficient and fossil-free solutions 4 Healthy and inspiring workplaces
Slide 5: Dynamic and safe local communities
Focus areas – sustainability targets 1 Dynamic and safe local communities 4 Sustainability targets Outcome (target) Progress and comments Safe neighbourhoods as assessed by residents: 80.6% 80.6% of residents feel safe in our neighbourhoods. The results vary between to outperform the sector average
Slide 6: Responsible material and waste management; Energy-efficient and fossil-free solutions
Focus areas – sustainability targets 2 Responsible material and waste management 5 3 Energy-efficient and fossil-free solutions Sustainability targets Outcome (target) Progress and comments By 2030, John Mattson will have reduced its Scope 1 and 22% During the year we reduced our CO2e emissions 22%
Slide 7: Healthy and inspiring workplaces
Focus areas – sustainability targets 4 Healthy and inspiring workplaces 6 Sustainability targets Outcome (target) Progress and comments Engaged employees and an efficient organisation: above Our weekly employee survey includes questions about leadership, job satisfaction, 7.1 the average results of
Slide 8: Significant events in 2022
Significant events 7 in 2022 Acquisitions • Possession of three properties at Gullmarsplan – SEK 670 million Consolidation • Sale and transfer of two properties in Kungsholmen, along with one property in Östermalm – SEK 1,030 million. • Agreed sale of two properties in Lidingö – SEK 262 million. • S
Slide 9: Property portfolio
Property portfolio 8 4 83% property of the lettable area management is housing areas 4,515 364,000 apartments sq m lettable area
Slide 10: Development projects
Development projects 9 Project Area Number of Status Possible apartments Const. start Vilunda, Upplands Väsby North Stockholm 73 Production Completed Gengasen, South Örby Stockholm/Nacka 129 Production Ongoing Juno, Käppala Lidingö 50 Early phase 2024 Geografiboken, Detailed Devel. Abrahamsberg City
Slide 11: Key metrics January–December 2022
Key metrics 10 January–December 2022 • Property value: SEK 15.7 billion • Number of apartments: 4,515 • Rental value: SEK 627 million • Rental value SEK/sq m: SEK 1,610sq m • Inc. from Prop. Mgmt: SEK 154 million • NAV: SEK 6.6 billion • Loan-to-value ratio: 56.6%
Slide 12: Income from property management
Income from property 11 management 37.6% income from property management per share 95.9% economic occupancy rate Net operating income, SEK m Income from property management, 450 SEK million 400 180 350 160 300 250 140 120 64.1% surplus ratio 200 100 80 150 60 100 40 50 20 0 0 2018 2019 2020 2021 202
Slide 13: Property value & net asset value
Property value & net asset value 12 SEK 15.7 billion in property value 18 000 180 16 000 160 14 000 140 SEK 12 000 1,001 120 million SEK million 10 000 invested SEK/share 100 2022 8 000 80 6 000 60 4 000 40 -1% average growth 2 000 20 in net asset value per share 0 0 2011 2012 2013 2014 2015 2016 20
Slide 14: Financing
Financing 13 56.6% loan-to-value ratio 1.9x interest coverage ratio 10000 70 3,0 3 9000 60 8000 2,5 2,5 7000 50 2,0 2 SEK million 6000 40 multiple 5000 1,5 1,5 % % 4000 30 3000 1,0 1 20 2000 10 0,5 0,5 1000 0 0 0,0 0 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 Utilised LTV Average interest rat
Slide 15: Outlook
Outlook 14 • Value generation – now – Ongoing rent negotiations – Letting vacant apartments and renegotiations – Cost-savings programme • Preparation of project starts • Next step in sustainability – Societal sustainability – Climate impact • Remaining proactive in an uncertain environment
Slide 16: Great neighbourhoods across generations
15 Great neighbourhoods across generations
Slide 17: Questions
Questions JohnMattson
Slide 18: Our position
Our position High Attractive areas Value-creating Responsible quality in the Stockholm player in social growth housing region sustainability
John Mattson Fastighetsföretagen — Q4 2022 Earnings Presentation on 6ix