Interim Report January – September 2021: With sights set on the future

Catena’s strong development continues. Stable cash flows and profit from property management that rose by 13 percent over the period builds the capacity required for continued sustainable growth and opportunities for achieving ambitious objectives.
 

28 October 2021, 8.00 a.m.    

• Rental income rose by 10 percent to SEK 1,027.3 million (937.5).
• The net operating surplus increased by 9 percent to SEK 821.3 million (753.1).
• Profit from property management rose by 13 percent to SEK 610.9 million (542.5).
• Profit for the period increased to SEK 1,614.7 million (805.1), corresponding to earnings per share of SEK 40.25 (21.36), including changes in value of SEK 1,411.6 million (475.4)
• The long-term net asset value EPRA NRV per share rose to SEK 292.75 (223.34).

Catena’s CEO Jörgen Eriksson comments on the interim report:

”Long-term and close customer relations have proven to be an important success factor and reflect an approach that guarantees continued profitable growth and continuously developing operations”

”We operate in a context entailing an unequivocal impact on society and the environment, we seek to advance the development of logistics networks that are more sustainable in all respects. While legislation and reporting requirements have made this work a current concern, there is, above all, a strong urge throughout Catena’s organisation to show that we take long-term responsibility for the environment and society.”

At 10.00 a.m. on October 28, the webcast will commence for the interim report for January-September 2021.

Follow the webcast via this link: https://tv.streamfabriken.com/catena-fastigheter-q3-2021
Dial-in: SE: +46850558375 UK: +443333009266 US: +1 6319131422 PIN US: 37192525#

For further information, please contact
Jörgen Eriksson, CEO, Tel. 0730-70 22 42, jorgen.eriksson@catenafastigheter.se
Sofie Bennsten, Deputy CEO and CFO, Tel. 0730-70 22 41 sofie.bennsten@catenafastigheter.se
Follow us: catenafastigheter.se / LinkedIn / Twitter

This information is such that Catena AB (publ) is obliged to publish under the EU Market Abuse Regulation. The information was provided by the contact persons mentioned in this press release, for publication at the time stated above.

Catena is a listed property company that sustainably and through coollaboration develops and durably manages manages efficient logistics facilities. Its strategically located properties supply the Scandinavian metropolitan areas and are adapted for both current and future goods flows. The overarching objective is to generate strong cash flow from operating activities to enable sustainable growth and stable returns. As of 30 September 2021, the properties had a total value of SEK 21,972.6 million. Catena’s shares are traded on NASDAQ Stockholm, Large Cap.

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