K2A Knaust & Andersson Fastigheter (K2A) Q2 2026 earnings summary

Executive summary

• Net profit after tax for H1 2026 more than doubled year-over-year to 70.0 Mkr, driven by positive property value changes and stable operational performance.

• Rental income increased slightly to 155.4 Mkr for H1 2026, with a high economic occupancy rate of 95.8%.

• The company maintained a focus on financial stability, cash flow, and selective project development, especially in Stockholm.

Financial highlights

• Rental income for Q2 2026 was 76.1 Mkr (up from 74.4 Mkr YoY); H1 2026 rental income was 155.4 Mkr (up from 152.4 Mkr YoY).

• Operating surplus for H1 2026 was 110.9 Mkr (111.0 Mkr YoY); management result dropped to 11.0 Mkr (75.1 Mkr YoY).

• Property value changes contributed 79.5 Mkr (40.5 Mkr YoY) to results.

• Net profit after tax for H1 2026 was 70.0 Mkr (35.3 Mkr YoY); EPS was 0.56 kr (0.17 kr YoY).

Outlook and guidance

• Continued emphasis on financial resilience, cash flow, and leveraging long-term project potential, particularly in Stockholm.

• Ongoing focus on sustainability and climate-positive operations by 2030.