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Swiss Prime Site AG (SWPRF)
OTHER OTC:SWPRF
Earnings Data
Report Date
Aug 20, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
2.58Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple positive operational and financial trends: record asset-gathering and AUM (CHF 14.3bn), strong asset-management revenue (+18%), like-for-like rental growth (~2%), record low vacancy (3.7%), comparable EBITDA growth (~3–3.4%), improved financing costs and a strong liquidity position. Lowlights were largely one-off or transitional (Jelmoli and department store closures reducing rental and other income, absolute EBITDA flat/slightly down, and a notable increase in Jelmoli capex to CHF 210m). Management presented these negatives as managed, with comparable metrics excluding one-offs showing clear improvement and an accretive M&A and financing track record. Overall the positives (organic growth, record fund inflows, improved finance metrics, sustainability progress and active deployment pipeline) outweigh the negatives tied to specific redevelopment and retail transitions.Company Guidance
Record Assets Under Management and Fund Flows
Assets under management reached a record CHF 14.3 billion; Swiss Prime Site Solutions attracted ~CHF 1.0 billion in new money for asset management and total platform fund flows were CHF 1.3 billion (including CHF 300 million capital increase).
Strong Asset Management Revenue Growth
Asset management top line reached ~CHF 84–85 million, an 18% year-on-year increase, driven primarily by organic growth and higher transaction activity (CHF 1.7 billion transaction volume).
Like-for-Like Growth in Own Portfolio
Like-for-like rental growth of approximately 2% (company cited 2% and 2.6% on comparable basis) demonstrating resilient rent development across core properties.
Record Low Vacancy
Group vacancy reduced to a record low of 3.7% (operational underlying vacancy 3.2%), with management expecting further reductions (potentially below 3%).
Improved Comparable EBITDA and Profitability
Comparable EBITDA increased ~3.4% year-on-year; comparable consolidated EBITDA up ~3% to CHF ~408–410 million. Swiss Prime Site Solutions profit grew by more than 30%.
Per-Share and Net Asset Value Metrics
FFO I per share remained stable at CHF 4.22 (FFO I absolute +3.2% but offset by higher share count); FFO II per share increased ~6% to CHF 4.17; EPRA NTA rose ~2% to CHF 101.40.
Active and Accretive Transaction Activity
Acquisitions: ~CHF 550 million for the group's own portfolio and CHF 1.7 billion in asset management transactions; disposals achieved roughly 5% profit on sales, indicating disciplined trading and capital recycling.
Stronger Balance Sheet and Attractive Financing
Real estate portfolio valuation increased to CHF 13.9 billion (~+1.7–1.8% revaluation ~CHF 220 million); placed almost CHF 800 million in new financings, including first EUR 500 million Eurobond (8x oversubscribed demand of EUR 4.3 billion); average interest cost reduced from ~1.10% to ~0.94%; net LTV for Real Estate at 38.1% (down ~0.2 pp); liquidity reserve ~CHF 1.1 billion.
Sustainability and Green Financing Progress
Progress toward CO2 reduction targets with a further ~10% year-on-year weather-adjusted CO2 reduction; 40% of top-tier buildings eligible for Green Finance Framework; ~CHF 800 million refinanced under Green Finance Framework; Bern 131 delivered low embodied emissions (7.3 kg vs charter ambition ~12 kg) and net-positive energy via PV.
Development Pipeline and Pre-Letting
Major development projects underway: Jelmoli (investment ~CHF 210 million, staggered completion from summer 2028, ~50% pre-let), YOND Campus (investment CHF 150 million, expected +CHF 8 million rental income), Fraumunsterpost refurbishment (CHF 30 million, completion ~summer next year, advanced discussions covering ~2/3 floor space).
SWPRF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SWPRF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $172.13 | $172.44 | +0.18% |
Aug 21, 2025 | $141.60 | $142.28 | +0.48% |
Feb 06, 2025 | $112.95 | $112.08 | -0.77% |
Aug 22, 2024 | $102.50 | $106.05 | +3.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Swiss Prime Site AG (SWPRF) report earnings?
Swiss Prime Site AG (SWPRF) is schdueled to report earning on Aug 20, 2026, TBA (Confirmed).
What is Swiss Prime Site AG (SWPRF) earnings time?
Swiss Prime Site AG (SWPRF) earnings time is at Aug 20, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SWPRF EPS forecast?
Currently, no data Available