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FIBRA Prologis (FIBRAPL 14) investor relations material
FIBRA Prologis Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Delivered strong third-quarter 2025 results, with robust operational and financial performance driven by e-commerce growth and supply chain modernization in key markets like Mexico City and Guadalajara.
Net effective rents on rollover increased 47.2 percent, with activity concentrated in Mexico City, Monterrey, and Guadalajara.
Customer retention improved to 81.7% from 52.7% year-over-year, with high occupancy at 98%.
Benefited from the Terrafina acquisition, with significant progress in integrating and elevating operational standards.
Portfolio comprised 515 investment properties totaling 87.0 million square feet as of September 30, 2025.
Financial highlights
FFO reached $0.0561 per CBFI, up 28% year-over-year, totaling $90 million.
AFFO was $78 million, a 50% increase year-over-year.
Same-store NOI (cash and GAAP) grew around 15%, mainly from rent increases and higher occupancy.
EBITDA margin for the nine-month period stabilized around 77%.
Leverage stood at 22.6% and liquidity was approximately Ps. 19.9 billion (US$1.1 billion), including Ps. 18.4 billion (US$1.0 billion) in available credit and Ps. 1.6 billion (US$85 million) in cash.
Outlook and guidance
Adjusted 2025 guidance: building acquisitions at $50–100 million, dispositions at $0–50 million.
CapEx as a percentage of NOI revised to 9%-12% based on updated maintenance budgeting.
Taxable income for 2025 expected to exceed distribution guidance, with distributions to be made in a mix of CBFIs and cash.
Development activity remains focused on Mexico City, with flexibility to ramp up as market visibility improves.
- TimeTickerHeadlineOpen
- WAF
Sales and EBITDA fell, but 300 mm wafer demand grew as 2026 outlook remains challenging. - ELS
Record 2025 revenue, high margins, and strong backlog set stage for rapid, profitable expansion. - DEVYANI
Q3 FY26 saw double-digit revenue growth, margin gains, net losses, and major strategic changes. - 500870
Record revenue, 8% volume growth, and robust margins highlight a strong FY25 performance. - 9928
Strong growth in sales and profits, with robust service revenue and positive full-year outlook. - PARADEEP
Revenue and profit surged on higher volumes, MCFL merger, and expansion initiatives. - ADVANC
Net profit surged to Bt47.9bn in 2025, with strong revenue growth and major digital investments. - SOLARINDS
Q3 FY26 revenue up 29%, PAT up 38%, with order book over ₹21,200 crore. - SIGNATURE
INR 66.8 bn sales, strong margins, low net debt, and all regulatory and security requirements met. - PEAB
Stable sales, strong cash flow, and robust order backlog support a positive 2026 outlook.
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