Business idea & goals

John Mattson makes daily life easier for everyone by offering well-managed, attractive homes and safe neighbourhoods.

Our business idea revolves around the long-term ownership, management and development of residential property and attractive local communities in the Stockholm region.

Financial targets

Our financial targets:

• An average annual growth in EPRA NAV per share of not less than 10%, including distributions to shareholders, over a business cycle.
• An average annual growth in income from property management per share of not less than 10% over a business cycle.
• The value of the Group’s property holdings is to total at least SEK 10 billion by 2023. As of 31 September 2020, the property value was SEK 7,4 billion.

Financial assets

• The company’s long-term loan-to-value ratio may not exceed 50%.
• The company’s interest coverage ratio may not drop below 1.5.

Dividend policy

Over the long term, dividends are to amount to 50% of annual income from property management. Because John Mattson will prioritise value-creating investments in the property portfolio over the forthcoming years, future dividends may drop below the long-term target or may not even transpire.