LOG Commercial Properties e Participações (LOGG3) Q2 2026 earnings summary

Executive summary

• Delivered up to 147,000 sq m of ABL in Q2 2026, all pre-leased, with stabilized vacancy at 1.02% and gross absorption growth of 24.5% year-over-year and quarter-over-quarter.

• Maintained strong operational results through disciplined asset selection, close client relationships, and expansion as a leading logistics platform.

• Interim financial statements for Q2 2026 reviewed with no material modifications, prepared under CPC 21 (R1) and IAS 34.

• Focused on management, development, construction, and leasing of industrial warehouses and related services across Brazil.

Financial highlights

• Net revenue for Q2 2026 was R$66 million, up 7.3% YoY; H1 net revenue reached R$132 million, up 13% from H1 2025.

• Net profit for Q2 was R$58.7 million; H1 net profit was R$192.7 million, up 11.1% YoY.

• EBITDA for Q2 2026 was R$79.8 million; adjusted EBITDA would have been R$225.2 million, up 60.5% YoY, excluding one-off effects.

• Cash and marketable securities totaled R$1.49 billion as of June 30, 2026.

• Earnings per share for H1 2026 were R$2.20 basic and R$2.19 diluted.

Outlook and guidance

• Development pipeline at 148,000 sq m across 17 projects in 13 states, with strict adherence to construction schedules.

• Five-year funding potential of R$1 billion secured for 17 projects totaling up to 915,000 sq m of GLA.

• Expectation to maintain low vacancy and strong demand, driven by e-commerce and tax reform.