John Mattson (JOMA) Stockholm Corporate Finance Conference 2025 summary

Historical development and market position

• Transitioned from construction to property focus after 1966, expanding into five municipalities in the Stockholm region.

• Listed on Nasdaq Stockholm Mid Cap in 2019, with ongoing adaptation to new macroeconomic conditions.

• Portfolio consists of 4,325 apartments across four management areas, with 82% of lettable area as residential.

• Maintains high economic occupancy rate of 99.6% for residential units.

Financial targets and recent performance

• Targets 7% annual growth in net asset value and 10% growth in management result.

• Achieved 23% growth in management result and 10.2% growth in net asset value per share from Q2 2024 to Q2 2025.

• Revenue increased by 5%, property costs decreased by 1%, and operating surplus rose by 8%.

Market trends and demand drivers

• Residential rents have historically kept pace with inflation, with future adjustments forecasted to maintain this trend.

• Willingness to pay for housing significantly exceeds current average rents, with a 10-year average queue time for new tenants.

• Population growth in Stockholm's suburbs is projected to remain strong, especially among high-income age groups.