No. 14/2025 - CeMat A/S – Next Phase of Residential Project “Moje Bielany”. Upward revision of 2025 net result forecast from DKK 41-43 million to DKK 52-54 million for the year 2025

Core Viewpoint - CeMat A/S has revised its 2025 net result forecast upward from DKK 41-43 million to DKK 52-54 million due to a new zoning decision for the "Moje Bielany" residential project [1][3]. Group 1: Financial Impact - The new zoning decision has led to an increase in the fair value of the re-zoned property from DKK 7.9 million in 2024 to DKK 21.2 million, resulting in an additional DKK 13.3 million recognized in the company's financial results for 2025 [2]. - The expected consolidated EBITDA for the CeMat Group has been upgraded to DKK 37-39 million for 2025, with DKK 30-32 million expected from the development segment and DKK 6.5-7 million from the property rental business [7]. Group 2: Project Development - The new zoning decision allows for the development of 108-111 residential units on a 7,022 sqm plot, part of a larger 21,648 sqm site for the next phase of "Moje Bielany" [1][4]. - The company's development pipeline includes a total of 235-238 residential units and a self-storage facility, all scheduled for completion by the end of 2028 [4]. Group 3: Future Outlook - The positive net result forecast of DKK 52-54 million for 2025 is before any changes in valuation for the remaining investment property are considered [3]. - The company emphasizes that the valuation of investment property could significantly change results due to various external factors [4].