Logistea published interim report for the first quarter 2026

Summary by AI BETAClose X

Logistea reported a strong first quarter for 2026, with revenue increasing 21% to SEK 301 million and net operating income up 23% to SEK 266 million. Profit from property management rose 18% per share to SEK 0.29, while profit before tax more than doubled to SEK 390 million, boosted by SEK 197 million in property value changes. The company acquired 14 properties valued at SEK 1,282 million, generating SEK 96.5 million in annual rental income. Net asset value per share increased to SEK 17.6. The Board has proposed converting all Class A shares to Class B shares to create a single share class.

Disclaimer*

Growth journey continues after an intense quarter

Summary Quarter January – March 2026
· Revenue increased by 21 per cent and amounted to SEK 301 million (248). Income in fixed currency amounted to SEK 300 million (251).
· Net operating income increased by 23 per cent to SEK 266 million (216). Net operating income in fixed currency amounted to SEK 265 million (219).
· Profit from property management amounted to SEK 148 million (115). Profit from property management per share increased by 18 per cent to SEK 0.29 (0.24).
· Profit before tax amounted to SEK 390 million (189), with changes in the value of properties impacting earnings by SEK 197 million (47).
· Cash flow from operating activities before changes in working capital amounted to SEK 128 million (125).
· Earnings per share before dilution amounted to SEK 0.65 (0.33).
· Net asset value per share increased to SEK 17.6 (16.6).
· The property value amounted to SEK 17,432 million (15,729), impacted by currency fluctuations of SEK 274 million (-364).
· During the quarter, 14 properties with an underlying property value of SEK 1,282 million were acquired. The properties' annual rental income amounts to SEK 96.5 million.
· The Board of Directors has proposed to the Annual General Meeting in May 2026 that all remaining Class A shares be converted into Class B shares. This would result in Logistea having a single class of shares with equal voting rights per share.

“With a clear focus on cash flow, long-term leases and financial discipline, we delivered one of our strongest quarters to date”, says CEO Niklas Zuckerman.

At 09:00 today, Tuesday 28 April, there is a possibility to watch a presentation of the Interim Report. The report will be presented by Logistea’s CEO Niklas Zuckerman and CFO Philip Löfgren in English. The presentation will be webcasted live and to watch the webcast, follow this link. A recording will be available afterwards on Logistea’s website.

If you wish to participate via teleconference, please register via this link. After registration, you will receive phone numbers and a conference ID to access the conference. It will be possible to ask questions verbally via the teleconference.

Companies

Logistea AB (0N2H)
UK 100

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