Acrinova (ACRI) Q1 2026 earnings summary

Executive summary

• Entered 2026 with a strong financial position after a strategic year of property divestments and portfolio optimization, focusing on rebuilding a high-quality property portfolio in southern Sweden.

• Q1 marked the start of a new phase, emphasizing disciplined growth, value creation through project development, and selective investments.

• Sustainability remains central, with new properties built to be energy self-sufficient and ongoing efforts to reduce the climate footprint of existing assets.

Financial highlights

• Rental income for Q1 2026 was 13,609 tkr, down 66.8% year-over-year due to major property sales.

• Operating surplus was 6,334 tkr (down from 27,338 tkr), and management result was 33 tkr (down from 13,947 tkr).

• Net profit after tax was 869 tkr (23,099 tkr in Q1 2025).

• Economic occupancy rate at period end was 79.7% (91.7% in Q1 2025).

• Cash and cash equivalents increased to 164,628 tkr (101,536 tkr in Q1 2025).

Outlook and guidance

• Focus for 2026 is on gradual rebuilding of the property portfolio, maintaining financial discipline, and pursuing new investments as opportunities arise.

• The board proposed a dividend of 3.75 kr per share for 2025, reflecting the strong financial position post-divestments.