Preservium Property (PRESRV) Q3 2025 earnings summary

Executive summary

• Revenue for January–September 2025 was 57,775 TSEK, up slightly from 57,265 TSEK year-over-year; Q3 revenue was 19,150 TSEK, nearly flat from 19,047 TSEK last year.

• Net income for January–September 2025 rose to 48,744 TSEK from 31,938 TSEK year-over-year; Q3 net income was 9,263 TSEK, down from 11,408 TSEK.

• Portfolio remains fully leased to public sector tenants with long-term contracts; no significant events occurred during or after the period.

• Energy consumption in the property portfolio has been reduced by about 30% since autumn 2021, supporting earnings and property value.

Financial highlights

• Operating income (driftnetto) for January–September was 49,918 TSEK, down from 51,059 TSEK year-over-year; Q3 operating income was 17,284 TSEK, down from 17,647 TSEK.

• Earnings per share for January–September was 10.52 SEK, up from 6.89 SEK; Q3 EPS was 2.00 SEK, down from 2.46 SEK.

• Cash flow from operations for January–September was 47,497 TSEK, nearly unchanged year-over-year.

• Property value at period end was 1,343,000 TSEK, up from 1,316,000 TSEK at the previous year-end.

Outlook and guidance

• The business developed in line with plan; higher property costs were mainly due to planned one-off maintenance.

• Management is confident in the company’s position for upcoming refinancing, supported by a built-up liquidity reserve.