The property company Krona Public Real Estate reports nearly a doubling of operating profit in the first quarter of 2026, compared with the same quarter the year before. However, this is explained by an exchange rate gain. Rental income rose to SEK 22.7 million (19.7), an increase of 15.2 percent compared with the previous year. Net operating income increased to SEK 19.3 million (17.9), an increase of 7.8 percent compared with the previous year. Operating profit rose to SEK 21.5 million (11.2), an increase of 92.0 percent compared with the previous year. Operating profit excluding foreign exchange differences amounted to SEK 10.8 million. Unrealized changes in the value of properties amounted to SEK 0 million (0). Profit before tax was SEK 21.4 million (11.2). Profit after tax was SEK 20.1 million (10.5), an increase of 91.4 percent compared with the previous year. Earnings per share amounted to SEK 1.80 (1.87), which means a decrease of 3.7 percent compared with the previous year. Net asset value, EPRA NRV, was SEK 63.55 per share (76.31) on March 31.The Group’s results have developed as expected and operations continue unchanged with a fully leased property portfolio.Krona Public Real Estate, SEK mQ1-2026Q1-2025ChangeRental income22.719.715.2%Net operating income19.317.97.8%Operating profit21.511.292.0%Unrealized changes in property values00Profit before tax21.411.291.1%Net profit20.110.591.4%Earnings per share, SEK1.801.87-3.7%Net asset value, EPRA NRV, per share, SEK63.5576.31-16.7%