Hotel Fast SSE
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Hotel Fast SSE (HOTEL) investor relations material

Hotel Fast SSE has been delisted

Hotel Fast SSE Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary27 Mar, 2026

Executive summary

  • Control balance sheet showed equity below half of registered share capital, triggering legal actions and extraordinary general meetings.

  • Major asset sale: Agreement to sell all shares in Property Lund AB, including First Hotel Planetstaden and main group properties, with proceeds mainly to settle external debts.

  • After the sale, the group no longer operates its core business; future depends on debt settlements and strategic alternatives.

Financial highlights

  • Net revenue for 2025 was 58.7 MSEK, down from 88.5 MSEK year-over-year.

  • Operating result (EBIT) for 2025 was -38.6 MSEK, impacted by a 50.2 MSEK property write-down.

  • Net result for 2025 was -38.6 MSEK, similar to -39.0 MSEK in 2024.

  • Cash flow from operations for 2025 was -9.8 MSEK, improved from -22.3 MSEK in 2024.

  • Equity at year-end was -54.7 MSEK, compared to -16.3 MSEK previous year.

Outlook and guidance

  • Continued operations depend on successful debt settlements, financing of remaining obligations, and execution of a new strategic direction.

  • If these conditions are not met, liquidation is possible.

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Frequently asked questions

First Hotels AB (publ) is a Sweden-based company primarily engaged in the hotel industry. The company operates in three key business areas: Franchise, Operations, and Property. The Franchise segment offers hotel owners a platform to grow their businesses, while the Operations segment manages hotel operations. The Property segment focuses on investments and creating new business opportunities, providing a solid foundation for profitable growth. First Hotels operates a collection of hotels centrally located in Sweden, Norway, and Denmark. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Stockholm Stock Exchange.