Filip Lövgren
Chief Financial Officer
Replay available
Logistea AB (publ) (LOGI_B) Q1 2025 Earnings Call
Logistea AB (publ) (STO: LOGI_B) Q1 2025 earnings conference call, held 2025-05-07. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Niklas Huckeman
Chief Executive Officer
Jan Earfelt
Analyst at Kepler Cheuvreux
Fredrik Stensved
Analyst at ABG Sundal Collier
Emil Ekholm
Analyst at Pareto Securities
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Logistea Ab Class A.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.917 Good morning and welcome to the presentation of Logistea's first quarter of 2025. 00:00:06.000 -- 00:00:11.889 Presenting as usual is myself, Niklas Huckeman and Filip Lövgren. 00:00:11.889 -- 00:00:16.713 We'll be happy to answer any questions you might have after the presentation. 00:00:17.858 -- 00:00:21.423 We have continued to grow the company and 00:00:21.423 -- 00:00:24.227 we'll present the most recent acquisitions shortly. 00:00:24.227 -- 00:00:29.933 The portfolio is valued at 13.5 billion SEK. 00:00:29.933 -- 00:00:35.938 And if adding the most recent transaction, we're up at 14.2 billion SEK. 00:00:35.938 -- 00:00:41.984 We continue to show low rents per square meter at 669 kronor. 00:00:41.984 -- 00:00:46.086 And the occupancy rate is up to 97.1% 00:00:47.049 -- 00:00:50.071 from 96.9% the 00:00:50.071 -- 00:00:52.452 previous quarter. 00:00:52.674 -- 00:00:56.996 The reported NRV per share is 15.4%. 00:00:57.912 -- 00:01:01.635 And we continue to have a very low LTV at 48.3%. 00:01:01.635 -- 00:01:03.635 Highlights 00:01:07.401 -- 00:01:10.023 for the first quarter include 00:01:10.023 -- 00:01:11.925 income, 00:01:11.925 -- 00:01:16.609 NOI, and income from property management that is up, 00:01:16.609 -- 00:01:19.592 as you can see, between 123 and 00:01:19.592 -- 00:01:21.494 up to 229% 00:01:21.494 -- 00:01:22.915 compared 00:01:22.915 -- 00:01:25.796 to the first quarter of 2024. 00:01:27.308 -- 00:01:31.154 we're happy to present that the 00:01:31.154 -- 00:01:36.243 percentage increase of income from property management is higher both than the 00:01:36.243 -- 00:01:41.752 NOI and the income and maybe more importantly 00:01:41.752 -- 00:01:47.718 we're very happy to present the 54% increase 00:01:48.282 -- 00:01:...