Logistri (LOGIST) Q3 2026 earnings summary

Executive summary

• 9M revenue rose 22.5% to SEK 162.0m and net operating income rose 22.0% to SEK 149.4m; profit from property management increased 4.1% to SEK 68.4m.

• Net profit rose 41.6% to SEK 148.7m, including positive fair-value changes of SEK 90.5m in properties and SEK 29.5m in financial instruments.

Financial highlights

• Q3 revenue increased 18.0% YoY to SEK 55.2m; net operating income rose 18.3% to SEK 51.2m, with a 92.7% surplus ratio.

• Q3 profit for the period more than doubled to SEK 73.3m; property and financial instrument revaluations contributed SEK 37.9m and SEK 33.0m, respectively.

• 9M administrative costs reached SEK 23.1m versus SEK 13.1m, including SEK 5.1m in relisting costs and SEK 3.3m from changed VAT accounting.

• 9M profit from property management per share was SEK 0.71 versus SEK 0.90; reported EPS was SEK 1.54 versus SEK 1.43.

Outlook and guidance

• 2028 targets are property value above SEK 5bn and annual profit from property management above SEK 200m; management intends to pursue selective, cash-flow-enhancing acquisitions.

• Current earning capacity at 1 Oct 2026 indicates annual revenue of SEK 218.2m and profit from property management of SEK 97.9m; it is an illustration, not a forecast.

• Nasdaq Stockholm Main Market relisting approval was expected by year-end 2026; preparations were proceeding according to plan.