Sagax AB (SGAX) Reports Q4 Profit Jump, Full-Year Earnings Down

Sagax AB (SGAX) reported a significant increase in Q4 net profit on Feb 9, 2026, driven by gains in property values. The surge followed a full-year 2025 loss, reflecting higher realized gains from property sales and improved operational performance. Fourth-quarter net profit rose to SEK 1.23 billion (USD 129 million), up 62% from SEK 760 million in the same period of 2024. The company attributed the improvement to a stronger property market and a 15% increase in realized gains from disposals. However, full-year 2025 net loss widened to SEK 1.36 billion, compared to a loss of SEK 1.02 billion in 2024. CEO Anna Lundgren stated in a press release, "The Q4 results reflect the resilience of our core markets and the effectiveness of our asset management strategies."