WIHLNasdaq StockholmReal EstateIFRS · SEK

Wihlborgs Fastigheter

Wihlborgs Fastigheter AB is a prominent property company specializing in commercial real estate within the Öresund region, encompassing Malmö, Helsingborg, Lund, and Copenhagen. With a property portfolio valued at SEK 59 billion, Wihlborgs is the leading property company in Malmö, Lund, and Helsingborg. The company is listed on the Large Cap List of Nasdaq Stockholm, reflecting its significant market presence. Wihlborgs focuses on generating strong cash flows through strategic property management and rental income growth.

Revenue4,354m SEK
+4.3 %y/y
Operating profit (EBIT)3,988m SEK
+17.7 %y/y
EBIT margin91.6%
+10.4 ppy/y
Net income2,220m SEK
+30.1 %y/y
Free cash flow2,181m SEK
+35.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,0008,000m SEK2021: 3,060 m SEK20212022: 3,335 m SEK2022: EBIT 3,315 m SEK20222023: 3,881 m SEK2023: EBIT 958 m SEK20232024: 4,174 m SEK2024: EBIT 3,388 m SEK20242025: 4,354 m SEK2025: EBIT 3,988 m SEK2025TTM 2026: 6,311 m SEKTTM6,311
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Commercial Leasing70 %

Leasing of office and retail spaces in key regions.

Property Management20 %

Management services for maintaining and optimizing properties.

Development Projects10 %

Development of new commercial properties.

Customers

Wihlborgs primarily serves businesses seeking commercial real estate solutions in the Öresund region. Its customer base includes a diverse range of companies from small enterprises to large corporations. The company focuses on providing flexible leasing options to meet varied workplace needs. Many clients are attracted by Wihlborgs' commitment to sustainability and energy efficiency, which aligns with corporate social responsibility goals.

Corporate Clients

Lease office spaces for headquarters and regional offices.

Retail Businesses

Lease retail spaces in high-traffic areas.

SMEs

Require flexible and scalable office solutions.

Strategy

Wihlborgs' strategic priorities include expanding its property portfolio through development projects and enhancing property management efficiency. The company is committed to sustainability, aiming to reduce energy consumption and CO2 emissions. It also focuses on increasing rental income and occupancy rates by signing larger leases and optimizing existing properties. These strategies are designed to strengthen Wihlborgs' market position and ensure long-term growth.

Sustainability InitiativesMedium term

To reduce environmental impact and meet certification targets.

Portfolio ExpansionLong term

To increase market share and revenue.

Geography

Wihlborgs operates primarily in the Öresund region, with properties in Malmö, Helsingborg, Lund, and Copenhagen. This strategic location allows the company to serve a cross-border market between Sweden and Denmark. The region's economic vitality and connectivity make it an attractive area for businesses, enhancing Wihlborgs' leasing opportunities. The company's geographic focus also supports its sustainability initiatives by optimizing energy use across its properties.

Risks

Wihlborgs faces several risks including fluctuations in market interest rates, which can affect property management income. The company is also exposed to economic downturns that may impact rental demand and occupancy rates. Additionally, regulatory changes in environmental standards pose compliance risks. The real estate market's cyclical nature can lead to valuation volatility, affecting financial stability.

Sorted by severity
Economic DownturnCritical

Reduces rental demand and occupancy rates.

Interest Rate FluctuationsHigh

Affects income from property management.

Accounting

Judgemental items
Revenue Recognition

Impacts timing and amount of reported income.

Fair Value Measurements

Affects property valuations and earnings.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Wihlborgs Fastigheter (WIHL) Revenue, Earnings & Financials 2025 – Clarifo