Logistea's fourth-quarter performance met expectations, and dividends exceeded expectations

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Investing.com – Logistea’s Q4 operational results met market expectations, while the dividend proposal exceeded forecasts.

This Swedish logistics real estate company reported property management revenue of SEK 135 million for Q4 2025, slightly above market consensus expectations. Net operating income reached SEK 251 million, in line with market expectations.

Property revaluation was modest at +0.2%, compared to +1.1% in the previous quarter, while occupancy rate slightly declined by 10 basis points quarter-over-quarter to 96.9%.

The company’s financing costs improved, decreasing by 20 basis points quarter-over-quarter to 4.4%. This improvement was driven by the refinancing of SEK 1.4 billion bank debt, reducing the financing rate by 17 basis points.

Logistea’s earnings per share grew by 5% quarter-over-quarter, mainly driven by acquisitions. The board proposed a dividend of SEK 0.20 per share, surpassing analyst and market expectations of SEK 0.15.

CEO Niklas Zuckerman emphasized that yield requirements are stabilizing, with some segments even experiencing declines. If these trends continue, they could support positive revaluation in the future.

The company’s net asset value per share (NAV) is SEK 16.7, slightly below analysts’ expectations of SEK 17.0.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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