Magnolia Bostad (MAG) Q4 2025 earnings summary

Executive summary

• New CEO appointed in December, bringing over 20 years of leadership experience and focusing on customer value, innovation, and sustainable growth.

• Over 2,600 residential units completed in 2025, surpassing 15,000 units since inception in 2009.

• High production rate maintained, with deliveries on schedule and strong quality, reinforcing market position.

• Cost-saving and efficiency measures in 2025 improved the cost base and operational performance.

Financial highlights

• Full-year net sales were SEK 416m, down from SEK 1,643m year-over-year.

• Operating loss for 2025 was SEK 238m, a significant improvement from SEK -976m in 2024.

• Loss before and after tax for the year was SEK 465m, compared to SEK -1,272m and SEK -1,247m, respectively, in 2024.

• Q4 net sales were SEK 12m (Q4 2024: SEK 164m), with an operating loss of SEK 48m (Q4 2024: SEK -329m).

• Cash and cash equivalents at year-end were SEK 202m, up from SEK 128m at the start of the year.

Outlook and guidance

• Market conditions are stabilizing, with increased interest in forward funding deals from both domestic and international investors.

• The company is actively pursuing new deal types and partnerships to capitalize on emerging growth opportunities.

• Building rights portfolio of 8,800 units, with 60% having zoning plans in force, provides flexibility for future development.