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K-Fast (KFAST) investor relations material
K-Fast Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 revenue was SEK 1,840.8m versus SEK 1,361.8m; period profit was SEK 259.7m versus a SEK 37.9m loss. Debt reduction continued.
Construction starts reached 835 against a target of 800; debt reduction, property divestments and preparation for a Brinova share distribution remained priorities.
Financial highlights
Profit before value changes was SEK 208.8m versus SEK 152.3m; profit before tax was SEK 393.6m versus SEK 9.5m.
EPS attributable to parent shareholders was SEK 0.59 versus a loss of SEK 0.36. Property value changes added SEK 135.0m and derivative changes SEK 49.7m.
Construction income was SEK 1,424.1m versus SEK 1,436.6m; gross profit rose to SEK 168.3m from SEK 133.4m.
Property Management income was SEK 854.3m versus SEK 765.8m; profit before value changes rose 45% to SEK 268.0m.
Outlook and guidance
Construction starts are expected to total 835 apartments in 2026, above the target of 800; building work on 325 Veddesta apartments is scheduled to begin in Q4.
Improving construction activity, positive external order value development and a stabilized cost base support a positive segment earnings trend.
Brinova share distribution remains a priority, conditional on further divestments, stronger finances and lower debt; timing depends on meeting financial conditions.
Property divestments are intended to reduce operating debt while preserving financial stability and capacity for construction starts.
- Profit rebounded to SEK 127.8m in H1 2026, driven by income growth and lower debt.KFAST
Q2 2026 - Profit and property management income surged, with construction margins recovering and financial stability strengthened.KFAST
Q1 2026 - Brinova acquisition drove 66% revenue growth, but 2025 ended with a net loss and no dividend.KFAST
Q4 2025 - Income up on Brinova and Viga deals, profit down, focus on cost savings and efficiency.KFAST
Q3 2025 - Brinova consolidation and property sales boosted liquidity, but profit fell on derivative losses.KFAST
Q2 2025 - SEK 10.8bn in properties divested for shares, creating a leading southern Sweden real estate group.KFAST
Investor Update - K-Fastigheter sells SEK 10.8bn in assets to Brinova, doubling Brinova's portfolio and influence.KFAST
M&A Announcement - Rental income and occupancy improved, but construction income and profit declined year-over-year.KFAST
Q3 2024 - Profit rebounded to SEK 87.9m, with rental income up 31% and record prefab orders.KFAST
Q2 2024
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Next K-Fast earnings date
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