Slottsviken (SLOTT) Q1 2026 earnings summary

Executive summary

• Net asset value per share rose to 45.67 SEK as of March 31, 2026, up 1.0% from December 31, 2025, and 16.6% year-over-year.

• Revenue for Q1 2026 was 3.5 MSEK, with operating income of 1.3 MSEK and net income after tax of 1.2 MSEK.

• Earnings per share increased to 0.48 SEK from 0.33 SEK year-over-year.

• The board proposes a dividend of 0.12 SEK per share, up from 0.10 SEK.

Financial highlights

• Revenue for Q1 2026: 3,481 TSEK (3,435 TSEK Q1 2025).

• Operating income: 1,259 TSEK (1,005 TSEK Q1 2025).

• Net income after tax: 1,165 TSEK (852 TSEK Q1 2025).

• Cash flow from operations: 2.1 MSEK (0.6 MSEK Q1 2025).

• Available liquidity at period end: 3.8 MSEK (7.6 MSEK Q1 2025).

Outlook and guidance

• Ongoing property upgrades and energy efficiency measures are expected to increase future rental income and property value, despite short-term impact on earnings.

• The company maintains a strong financial position with a loan-to-value (LTV) ratio of 38%.