Platzer Q4 Earnings Beat Market Expectations

Key Performance Highlights

Platzer announced strong fourth-quarter 2025 results, significantly outperforming market expectations. The Swedish property company reported income from property management that was 5% above analyst consensus, while its net asset value came in 2% higher than anticipated.

Detailed Financial Overview

For the quarter, rental income grew 5% year-over-year to SEK 438 million. Net operating income reached SEK 343 million, a 3% increase from the prior year. Income from property management saw a notable 9% rise to SEK 198 million. Funds from operations per share also increased by 2% to SEK 1.65.

Despite positive net lettings of SEK 15 million, the occupancy rate saw a slight decline, falling to 90.4% from 91.5% in the previous quarter. However, property revaluations were positive at 0.3%, beating expectations.

Market Reaction and Outlook

Following the strong report, analysts at Kepler Cheuvreux reiterated their Buy rating for Platzer, setting a price target of SEK 88.00. This represents a potential upside of nearly 20% from its current price. The firm anticipates that consensus forecasts for 2026 will be revised slightly upward based on the company's increased earnings capacity.

Concluding Summary

Platzer's robust Q4 performance, highlighted by strong income growth and positive revaluations, paints a positive picture for investors. While the minor dip in occupancy warrants attention, the overall financial health and optimistic analyst outlook suggest continued momentum for the Gothenburg-focused property firm.

FAQ

Q: What were Platzer's key achievements in Q4?
A: Platzer exceeded analyst expectations for both income from property management and net asset value, reporting significant year-over-year growth across key metrics.

Q: How did Platzer's occupancy rate perform?
A: The occupancy rate declined slightly to 90.4% from 91.5% in the previous quarter, even with positive net lettings.

Q: What is the current analyst rating for Platzer stock?
A: Kepler Cheuvreux maintains a Buy rating on Platzer with a target price of SEK 88.00.

Source: Investing.com