Logistea AB (publ) (LOGI_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Logistia Q3 Earnings Call for 2025. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to CEO Nicholas Zuckerman and CFO Philip Lofgren. Please go ahead. Good morning, everyone, and welcome to the presentation of Logistea's Q3 report. As always, myself, Niklas Zuckerman, and next to me, Philip Löfgren, we will present and we'll be happy to take any questions after the presentation. Even though we've had a fairly quiet quarter when it comes to new acquisitions, we have during the year been active and we have expanded the portfolio to 15.6 billion SEK. As always, and since we started the company a couple of years ago, full focus on logistics, warehouse and light industrial properties. We favor long leases, triple net leases, and the occupancy currently stands at 97% and the vault at 9.4 years. Growth during the year has been in the Nordics and currently 91% of the properties when it comes to value are located in the Nordics. We're once again reporting record high income, net operating income and profit from property management. The profit from property management is up by 139% in real terms. and 48% when it comes to comparing the property from property management per share compared to the same period of last year. As I said, we've continued to grow. And we have so far this year required properties worth 2 billion sec. Also worth mentioning is that the cash flow from operation is up by 65%. And we're reporting an operating margin of 92%. A few words on the market where you can see that Sweden is the only Nordic market where transaction volumes are up thus this year. The other markets have been fairly quiet, but we foresee a pickup in all of the ...