Corrects Key Details table to say FY EPS is for construction unit, not entire company
Overview
Swedish construction firm's income from property management rose significantly yr/yr
Earnings per share for construction fell significantly compared to last year
Company completed divestment of six properties in Gothenburg, Ale, and Vänersborg
Outlook
K-Fast expects significant increase in construction starts in 2026 and 2027
Company prioritizes asset divestments to enable future distribution of Brinova shares
K-Fast sees increased demand for prefab operations in defense and metropolitan housing
Result Drivers
PROPERTY DIVESTMENTS - Co completed divestment of six properties, contributing to liquidity and strategic shift
COST REDUCTIONS - Co reduced workforce and operational expenses to improve financial stability
STRATEGIC PARTNERSHIP - Co formed partnership with ByggVesta AB for major projects in Stockholm and Malmö
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY EPS for construction unit
SEK 0.22
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy."
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release: ID:nWkrHH5yK
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)