Bonäsudden Holding (BONAS) Q2 2025 earnings summary

Executive summary

• Revenue for January–June 2025 was 24,935 tkr, slightly down from 25,373 tkr year-over-year.

• Net operating income reached 17,554 tkr, compared to 17,868 tkr in the same period last year.

• Net profit for the period was 10,712 tkr, a significant improvement from -1,409 tkr year-over-year.

• NRV per share increased to 227.64 kr from 215.48 kr year-over-year.

• Operations focused on value-creating measures, including property renovations and energy efficiency.

Financial highlights

• Operating profit (förvaltningsresultat) was 7,734 tkr, up from 6,435 tkr year-over-year.

• Earnings per share were 6.38 kr, compared to negative in the previous year.

• Market value of investment properties rose to 745,500 tkr from 713,260 tkr year-over-year.

• Return on equity was 6.38%, up from negative last year.

• Interest coverage ratio improved to 2.20x from 1.82x year-over-year.

Outlook and guidance

• Continued focus on central residential and community properties to improve management efficiency.

• Ongoing renovation of Trasten 9 in Norrköping, with completion expected in autumn 2026.

• Exploring expansion opportunities and further property acquisitions in Linköping and Norrköping.