Genova Property Group Ab · OMXSTO:GPG
Genova Property Group Ab — Q1 2025 Earnings Presentation
12 slides from Genova Property Group Ab's earnings presentation, 2025
Slide 1: Company Presentation Q1 2025
GENOVA Company Presentation Q12025 GENOVA PROPERTY GROUP COMPANY PRESENTATION a1 2025
Slide 2: Genova in brief
Genova in brief Geographic focus Overview NN 2) SEK 9.5 bn 336 ksqm wax som Property value Lettable area sey 8 income SEK 3 298m 1.3 bn?) 176 Mkr Longterm NAY, ordinary Excess value in Income from. Corresponding to SEK 73.26 building rights property per share portfolio management) With highly flexib
Slide 3: Genova in brief
Genova in brief Ongoing projects Investment properties Segerdal, Knivsta Vales SEK7,527m. Biondeo) ee Property value \ SEK 554m oe 4 Rental value ( + Srna nits under = en construction 336 Tkvm . + Environmental certiiat Uppsala) \ Sawn era Lettable area + Annual rental value of SEK. 12m (Genovals sh
Slide 4: Genova’s business model
@ Genova’s business model Genova will continue to grow profitably in existing business areas: management, urban development, project development and property transactions. Genova has no limits in terms of operational targets. The strategy enables flexibility to increase value creation for the shareh
Slide 5: Operational update
Operational update Financing + InMarch, a bond loan of SEK 650m was refinanced, which will reduce annual interest expense by SEK iim, and the final maturity was extended from November 2026 until July 2028. + Inaddition to the refinancing of the bond loan, active work on the capital structure continu
Slide 6: Focus 2025
Focus 2025 Focus going forward Genova’s positive earnings trend from last year continued into the first quarter of 2025. Income from property management increased 93% to SEK 52m and per share income from property management rose to SEK 0.89, compared with SEK 0.12 in the preceding year. Genova’s bus
Slide 7: Financial targets
Financial targets property management per ordinary share. @ Genova’s overall objective is to create value for the company’s shareholders. Value creation is measured over a business cycle as growth in both long-term net asset value and income from ‘The goal is for the net asset value and income from
Slide 8: Financial development
Financial development Jan-mar! — Jan-mar —Jan-dec. 2024 ‘SEKm ; 2025 | 2024 2024 SeKm 31mar Rental income 134 1 133, 508 Maintenance costs and operating expenses 1 404 39 139 eer. pucton mm ‘Net operating income 1 94) 94 369 Development properties 1379 Central administration. property management 1 c
Slide 9: Financial development
Financial development Prope ind no. of building rights == -------- === === === B28 i 10,264 9,899 10,004 4 i 1 i 1 i 12] | i 1 iT 1 i 1 i 1 i 1 i 1 i ' ' been | 9.462 3756 [il ases! ' ' 4904 yee? 1 5,218 S35 ! 4,420 ! a 1827 1 f 7 L ' ' | i il ' f t 1 2018 2019 2020 2021 1022 2023 2024 12025 | 2018
Slide 10: Financial development
Financial development Financing in br Interest rate term 5,000 10.00% Interest-bearing debt 910% SEK 6,056m) 000) Ghee 3,000 600% A . 2 2,000 400% verage interest rat 338% 5.0% 1000 2501 2995 a 288% mn 247% me 325%) | a0 ol = ne mH... 2025 2026 2027 2028 2029 2030 2031 ‘Average maturity Amount, sem
Slide 11: Investment properties
Investment properties Lettable area tment property portfolio Properties Property value Rental value Occupancy rate Contracted annual rent? Property costs Net operating ine No.of Sqm SEKm SEK/sqm _SEKm SEK /sgm SEKm SEKm SEK /sgm_SEKm SEK sqm Per property category’ ‘Commercial properties 45 186 Bai 1
Slide 12: Project development
@ Project development Lettable area, sqm Property value! Rental value Investment, SEKm Book value Project Municipality Category pari Scheduled completion No.ofunits Residential Premises SEKm SEK'sqm SEKm — SEK’sqn Estimated Accumulated SEKm SegerdaP Kniveta Rental apartments 4.2020 (@12025/04 2025 7
Genova Property Group — Q1 2025 Earnings Presentation on 6ix