Fastator (FASTAT) Q2 2025 earnings summary

Executive summary

• Revenue for January–June 2025 was 117.8 MSEK, down from 190.2 MSEK year-over-year.

• Net result attributable to parent company shareholders was -115.0 MSEK, an improvement from -336.9 MSEK year-over-year.

• Stabilization in asset values observed after significant write-downs in 2024.

• Leadership changes: new interim CEO Jonas Sundin appointed in June 2025.

Financial highlights

• Total comprehensive income for H1 2025 was -116.3 MSEK, compared to -358.3 MSEK year-over-year.

• Value changes in investment properties amounted to 1.5 MSEK (previous year: -58.3 MSEK).

• Result from associates and joint ventures was 21.4 MSEK (previous year: -6.4 MSEK).

• Interest-bearing debt at June 30, 2025: 2,346.1 MSEK; net debt: 1,642.3 MSEK.

• Cash flow from operations before working capital changes: -7.5 MSEK (previous year: -51.7 MSEK).

Outlook and guidance

• Management focuses on restoring financial stability and long-term value creation.

• Ongoing discussions with bondholders to resolve covenant breaches and secure financing.

• Asset values are stabilizing, supporting a cautiously optimistic outlook.