FastPartner (FPAR) investor relations material

Executive summary

• Rental income decreased by 3.0% to SEK 1,098.0 million for H1 2026 compared to H1 2025, mainly due to the loss of a major tenant (Nasdaq) in Ladugårdsgärdet 1:48.

• Operating profit (driftnetto) fell by 3.5% to SEK 763.1 million, with a surplus ratio of 69.5%.

• Management profit (forvaltningsresultat) declined by 7.4% to SEK 380.5 million, or SEK 2.12 per A share.

• Net profit after tax was SEK 105.0 million, down from SEK 119.9 million year-over-year.

• The rolling annual management profit stands at SEK 790 million.

Financial highlights

• Q2 rental income was SEK 545.7 million, down 2.7% year-over-year.

• Q2 operating profit was SEK 407.1 million, with a surplus ratio of 74.6%.

• Q2 management profit was SEK 209.4 million, down 7.2% year-over-year.

• Unrealized property value changes for Q2 were -SEK 219.9 million.

• Q2 result before tax was -SEK 45.8 million; after tax, -SEK 50.1 million.

Outlook and guidance

• The company targets a rolling annual management profit of SEK 1,200 million by the end of 2028.

• Management expects continued strong demand for community properties and retail, especially in Stockholm and surrounding regions.

• Ongoing focus on project development, sustainability, and portfolio optimization.