Ulrika Hallengren
Chief Executive Officer
Welcome to the presentation of Wihlborgs’ Full Year Report 2025. Another year comes to an end, and we can conclude that despite limited support from the economic climate and with the rental market that has remained a bit slow and cautious, we have once again delivered growth across almost all key metrics.
Vacancy has also increased slightly, but we have higher rental values, higher rental income, higher operating surplus, higher income from property management and property values have all strengthened once again. This marks 20 consecutive years of growth, a track record we are fully committed to continuing. And I claim that our region has never been more positively perceived than it is today, which makes me generally excited about the years to come.
Let’s go to our report. We start with a summary of the last quarter, October to December. Rental income up 5%, a new record at SEK 1.111 billion, income from property management, plus 23% and excluding revaluation from joint venture, plus 8%. Net letting positive at SEK 12 million, net debt to EBITDA at 10.4x. We have good access to financing. And as I said many times before, but this still stands. Demand remains for good quality and good locations, and our tenants are willing to pay for that. And we are proud to be able to continue with a project investment that gives continued good potential for growth. The Board proposes a dividend of SEK 3.30
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