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Swedish Logistic Property Reports Strong 2025

Investing.com •
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Swedish Logistic Property (SLP) reported a strong 2025, driven by a 43% increase in rental income to SEK 1,015 million. The company's performance reflects a robust year of acquisitions, with 16 properties added to its portfolio. Shares dipped slightly despite the positive results, indicating some investor caution. The logistics sector is currently experiencing growth.

Net operating income at SLP rose 46%, reaching SEK 891 million. Profit from property management also saw a significant increase of 46%. CEO Filip Persson highlighted the successful integration of acquisitions, development, and management strategies. These efforts expanded SLP's portfolio to SEK 18.5 billion, up from SEK 13.5 billion the prior year.

Despite a directed share issue, leverage metrics remained stretched, with the loan-to-value ratio rising. The company's net asset value per share increased 15%. However, SLP will not pay a dividend. Investors are watching the impact of rising interest rates and the overall health of the logistics market for future growth prospects.