Brinova Fastigheter: Year-end report, January-December 2025
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Rental income increased by 73 percent to SEK 942.0 million (545.4).
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The net operating surplus increased by 77 percent to SEK 627.1 million (353.6).
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Profit from property management increased by 65 percent to SEK 249.1 million (150.8).
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Profit for the period totalled SEK 73.1 million (46.0), corresponding to earnings per share of SEK 0.32 (0.47).
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Changes in the value of properties are included in the amount of SEK -58.0 million (-6.2).
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Changes in the value of derivatives are included in the amount of SEK -23.8 million (-39.5).
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The value of the property portfolio amounted to SEK 19,133.5 million (8,539.8).
Significant events during the fourth quarter
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Per Johansson, CEO of Brinova, announced his plan to retire in mid-2026.
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Peter Ullmark has been appointed as the new CEO of Brinova and will take up the post by 16 June 2026 at the latest.
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The project in Greater Copenhagen involving 153 rental properties is complete and occupancy has started.
Significant events after the end of the year
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A five-year lease agreement has been signed with Sparbanken Syd concerning establishment of 418 m2 in Landskrona.
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Brinova prioritises growth and liquidity, hence the Board of Directors proposes to the General Meeting that no dividend be paid for 2025.
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The Board of Directors has decided to initiate the process of listing the company's Class A shares on Nasdaq Stockholm. The date for this listing has not been determined yet.
CEO's comments on the quarter
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"We are entering 2026 with a larger and more robust platform. The next step will be to fully realise synergies, continue to streamline operations and deliver on our business plan," says Per Johansson, CEO of Brinova, in his comments on the year-end report, before continuing:
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"Going forward, we will continue to focus on streamlining and the rationalisation of operations and management wherever we see that synergies from acquisitions can be generated through both organisational efficiency and continued integration of the property portfolio.
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For me personally, it has been fantastic to be part of the entire journey - from a blank slate to today's position as a leading player in residential properties," concludes Per, who has announced his retirement after 10 years as CEO of Brinova.
For further information, please contact:
CEO Per Johansson, tel: +46 (0) 70 817 13 63, email: per.johansson@brinova.se or
Deputy CEO and CFO Malin Rosén, tel: +46 (0) 70 929 49 52, email: malin.rosen@brinova.se
This information is such that Brinova Fastigheter AB is obliged to publish under the EU Market Abuse Regulation (MAR) and the Securities Market Act, 2007:528. This information was submitted, through the agency of the contact persons in this press release, for publication at the time specified above.
Brinova develops and manages primarily residential and community services properties located in selected areas with good transport links in southern Sweden. The business is defined by a long-term approach, collaboration with community sector operators and, in particular, a dedicated management team in each of the locations where the company has actively chosen to operate. As of 31 December 2025, the property portfolio amounts to approximately 658,000 m2 with a market value of SEK 19.3 billion, including ongoing projects nearing completion. Value is created through selective acquisitions, efficient property development and active management. A strong cash flow enables the company to continue growing. Brinova's Class B shares are listed on Nasdaq Stockholm and traded on the Mid Cap list. The head office is located in Helsingborg. For more information, go to: www.brinova.se