Sveafastigheter AB (FRA:008)
€ 2.725 +0.055 (+2.06%) Market Cap: 552.88 Mil Enterprise Value: 1.71 Bil PE Ratio: 19.32 PB Ratio: 0.41 GF Score: 11/100

Q3 2025 Sveafastigheter publ AB Earnings Call Transcript

Nov 7, 2025 / 08:00 AM GMT
Release Date Price: €3.44 (-1.21%)

Key Points

Positve
  • Rental income increased by 9.3% to 390 million, and net operating income grew by 9.7% to 277 million.
  • Profit from property management rose by 45% to 123 million, driven by lower administrative costs.
  • The occupancy rate improved to 95.7%, marking a consistent increase over three consecutive quarters.
  • Investments in apartment upgrades and energy efficiency projects delivered strong returns, with yields on cost above 6% and 8%, respectively.
  • The company issued green bonds totaling 1.3 billion, strengthening its financial position and liquidity.
Negative
  • Higher interest costs due to bond issuance and debt repayment impacted profit from property management.
  • The company anticipates non-recurring administrative costs to continue into the next quarter.
  • Despite improvements, the company does not expect to be a net buyer of standing assets in the near term.
  • The rent negotiations for 2026 are ongoing, with uncertainty around achieving the desired 4% increase.
  • The company did not complete or start any new developments during the third quarter, potentially impacting future growth.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SVEAF.ST - Sveafastigheter publ AB
Q3 2025 Sveafastigheter publ AB Earnings Call
Nov 07, 2025 / 08:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning everyone and welcome to Svea Vasigator's earnings call and presentation of our Q3 report 2025. My name is Crystal Eisman and I am head of Treasury and IR.

Today's presenter is CEO Eric Havermark. After the presentation, we are opening the lines for Q&A. Now, I'm handing over to CEO Eric Havermark. Please go ahead, Eric.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good morning everyone, and a warm welcome to the presentation of Sviafacita's results for the 3rd quarter.

I will walk you through our performance in the quarter, as well as
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot