Holmström Fastigheter (HOLMSTRÖM) Q1 2025 earnings summary

Executive summary

• Rental income remained stable at SEK 12 million for Q1 2025, unchanged from the same period last year.

• Net operating income was SEK 5 million, also flat year-over-year.

• Loss before tax widened to SEK -22 million from SEK -19 million in Q1 2024.

• No significant events occurred during or after the quarter.

Financial highlights

• Profit/loss from associated companies and joint ventures was SEK -6 million, unchanged year-over-year.

• Operating profit for the period was SEK -7 million, compared to SEK -3 million in Q1 2024.

• Comprehensive income for the period was SEK -23 million, compared to SEK -19 million last year.

• Total assets stood at SEK 1,608 million as of March 31, 2025.

• Cash flow from operating activities was SEK -6 million; investing activities SEK -12 million; financing activities SEK -1 million.

Outlook and guidance

• Financial goals include an adjusted equity ratio of at least 40% and a return on equity of at least 8% over a business cycle.