Preservia (PHOL PREF) Q2 2025 earnings summary

Executive summary

• Transitioned to a pure investment company with a diversified portfolio beyond real estate, following a strong 2024 with 65% return on invested capital.

• No significant events occurred during the period, but a key fusion vote was delayed and remains a priority.

• Focus remains on evaluating new investment opportunities and advancing the fusion proposal for shareholder approval by year-end.

Financial highlights

• Net sales for the period were 0.0 MSEK, unchanged year-over-year.

• Operating result before depreciation was -3.4 MSEK, down from -3.1 MSEK year-over-year.

• Net result after tax improved to -3.1 MSEK from -19.8 MSEK year-over-year.

• Cash flow for the period was -10.9 MSEK, compared to -11.1 MSEK year-over-year.

• Earnings per share were -2.08 SEK, up from -13.21 SEK year-over-year.

Outlook and guidance

• Management maintains a positive long-term view on portfolio value potential over 3–5 years.

• Liquidity is considered sufficient to cover operational costs and commitments for the next 12 months.

• Continued focus on shareholder engagement for the fusion process and readiness to invest in attractive opportunities.