Neobo Fastigheter AB (OSTO:NEOBO)
kr 17.26 +0.020 (+0.12%) Market Cap: 2.43 Bil Enterprise Value: 9.19 Bil PE Ratio: 22.13 PB Ratio: 0.38 GF Score: 56/100

Q4 2025 Neobo Fastigheter AB (publ) Earnings Call Transcript

Feb 12, 2026 / 08:00 AM GMT
Release Date Price: kr20.1 (+6.57%)

Key Points

Positve
  • Profit from property management improved significantly to 201 million, corresponding to a 34% increase per share.
  • Rental income in the like-for-like portfolio increased by 5% due to annual rent increases and apartment renovations.
  • Net operating income increased by 10% in the like-for-like portfolio, driven by higher rental income and lower property management costs.
  • Occupancy rate reached an all-time high of 93.7%, up from 92% when the company was formed.
  • The company successfully divested low-yielding properties, generating liquidity for value-generating investments and share buybacks.
Negative
  • Net operating income decreased by 11 million primarily due to divestments.
  • Central administration costs increased by $5 million due to the organization being fully established.
  • The average interest rate at the end of the year was 3.3%, which may impact financial flexibility.
  • The property portfolio's value decreased mainly due to divestments carried out during the year.
  • The initial net yield remains at 4.0%, which may not be competitive in the current market.


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

NEOBO.ST - Neobo Fastigheter AB (publ)
Q4 2025 Neobo Fastigheter AB (publ) Earnings Call
Feb 12, 2026 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Welcome to NOO Q4 Report 2025. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answer session, participants are able to ask questions by dialing pound 5 on their telephone keypad. Now I will hand the conference over to CEO Elva Sarbi Westman. Please go ahead.

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Unidentified_2 [2]
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Thank you very much and good morning everyone and welcome to the presentation of NObu's full-year report.

My name is Ilvasar devestman and I'm joined here today by our CFO Maria Samba.
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