Swiss Properties Invest (SWISS) H1 2025 earnings summary

Executive summary

• Revenue for H1 2025 increased to DKK 18.7 million from DKK 16.8 million in H1 2024, with operating profit rising to DKK 11.8 million from DKK 11.4 million year-over-year.

• Profit after tax reached DKK 7.8 million, up from DKK 6.0 million in the prior year period.

• Management remains confident in achieving long-term IPO return targets of 100% after 10 years and 300% after 20 years.

Financial highlights

• Gross profit for H1 2025 was DKK 14.5 million, compared to DKK 13.6 million in H1 2024.

• Net financial expenses decreased to DKK -3.9 million from DKK -5.7 million year-over-year.

• Total assets increased to DKK 769.1 million from DKK 683.4 million at June 2024.

• Equity rose to DKK 317.3 million from DKK 248.8 million year-over-year.

Outlook and guidance

• Interest rate reductions by the Swiss Properties National Bank are expected to positively impact future investment returns.

• Management reiterates confidence in delivering on long-term return promises.