Q2 2025 Logistea AB Earnings Call Transcript

Jul 11, 2025 / 07:00AM GMT
Operator

Welcome to Logistea Q2 earnings call 2025. (Operator Instructions)

Now I will hand the conference over to CEO, Niklas Zuckerman; and CFO, Philip Lofgren. Please go ahead.

Niklas Zuckerman - Logistea AB - Chief Executive Officer

Good morning and welcome to the presentation of Logistea's first half year of 2025. Here to present is myself, Niklas Zuckerman, and our CFO, Philip Lofgren. We will answer any questions after this presentation, and you can submit questions written, as they pop up.

As some of you might remember, we had an old goal to reach SEK15 billion worth of properties, and we are today at a bit more SEK15.2 billion. Total rents for the first time exceeds SEK1 billion. We continue to report high occupancy and high net initial yield of 6.8%. Looking at the financials for the first half year, we are reporting income of SEK511 million, representing an increase of 131%.

The NOI amounts to SEK456 million, and the profit from property management amounts to SEK246 million, an increase by an impressive 267% compared to last year.

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