Logistri (LOGIST) Q1 2026 earnings summary

Executive summary

• Revenue grew 28.3% year-over-year to SEK 52.1 million, with net operating income up 28.5% to SEK 48.4 million and profit for the period rising 74.9% to SEK 52.4 million.

• Economic occupancy rate reached 99.8%, and the surplus ratio remained high at 92.8%.

• The company is in a strong growth phase, driven by acquisitions, ongoing projects, and preparations for a Nasdaq Main Market listing in H2 2026.

Financial highlights

• Net operating income: SEK 48.4 million (up 28.5% year-over-year).

• Profit from property management: SEK 24.5 million (up 20.6%).

• Profit for the period: SEK 52.4 million (up 74.9%), EPS SEK 0.54 (0.41).

• Changes in value of investment properties: SEK 23.6 million; financial instruments: SEK 16.5 million.

• Cash flow from operating activities: SEK 17.5 million; cash and cash equivalents at period end: SEK 119 million.

Outlook and guidance

• Ongoing Ludvika logistics project expected to increase earnings capacity per share by 53% upon completion in 2027.

• Nasdaq Main Market listing targeted for H2 2026 to broaden investor base and improve capital access.

• Financial targets: at least 15% annual growth in profit from property management per share and return on equity, net loan-to-value below 58%, interest coverage above 2.0x.