Holmström Fastigheter (HOLMSTRÖM) Q1 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2026 earnings summary
29 May, 2026Executive summary
Rental income remained stable at SEK 12m for Q1 2026, unchanged from Q1 2025.
Net operating income declined to SEK 3m from SEK 5m year-over-year.
Profit/loss before tax improved slightly to SEK -19m from SEK -22m year-over-year.
Asset divestments continue to strengthen liquidity ahead of bond maturity in October 2026.
Financial highlights
Net operating income was SEK 3m (Q1 2025: SEK 5m); profit/loss before tax was SEK -19m (Q1 2025: SEK -22m).
Return on equity was -15.6% (Q1 2025: -13.6%).
Adjusted equity ratio decreased to 31.6% from 41.9% year-over-year.
Interest coverage ratio dropped to -0.2 (Q1 2025: 0.2).
Market value of investment properties fell to SEK 641m from SEK 813m year-over-year.
Outlook and guidance
Ongoing asset divestments are planned to support liquidity for upcoming bond maturity.
Divestments under time constraints may impact the ability to realize full market value.
Latest events from Holmström Fastigheter
- Heavy losses from joint ventures and property value declines drove a SEK -295m pre-tax loss.HOLMSTRÖM
Q4 202527 Feb 2026 - Loss before tax widened to SEK -22 million despite stable rental income and improved equity ratio.HOLMSTRÖM
Q1 202519 Dec 2025 - Losses narrowed and bond maturity extended, with stable rental income and positive Q3 outlook.HOLMSTRÖM
Q2 202419 Dec 2025 - Profit before tax rebounded to SEK 7m, driven by property value gains and divestments.HOLMSTRÖM
Q3 202419 Dec 2025 - Losses narrowed and financial stability improved through divestments and bond extension.HOLMSTRÖM
Q4 202419 Dec 2025 - Higher rental income but deeper losses, with bond terms amended and stable property values.HOLMSTRÖM
Q2 202519 Dec 2025 - Higher rental income offset by large losses and negative property value changes.HOLMSTRÖM
Q3 202519 Dec 2025