Catena AB
STO:CATE

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Catena AB Logo
Catena AB
STO:CATE
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Price: 468.6 SEK -0.51%
Market Cap: kr28.3B

Catena AB
Investor Relations

Nestled in the heart of Sweden, Catena AB stands as a dynamic player in the real estate industry, primarily focused on logistics properties. The company has carved out a niche by recognizing the intricate dance between e-commerce growth and logistics. Catena ensures that goods move efficiently from producers to consumers by acquiring, developing, and managing strategically located logistics properties near major transport routes and urban centers. These hubs, often situated close to major highways and railways, allow businesses to optimize their supply chains, reducing transit times and costs. This strategic positioning not only enhances their tenants' operational efficiency but also underscores Catena's reputation as a leader in logistics real estate solutions.

Catena's success is woven into a business model rooted in the long-term leasing of its properties, which provides a steady stream of income. The company attracts a diverse range of tenants, from fast-moving consumer goods companies to innovative technology firms, all looking to improve their distribution capabilities. The contracts they establish are typically long-term in nature, offering stability and predictability to their financial performance. Additionally, Catena invests in the sustainable development and refurbishment of its properties, a commitment that not only aligns with modern environmental standards but also enhances property value and tenant appeal. This dual focus on strategic location and sustainability ensures that Catena remains a favored partner for businesses looking to strengthen their logistics networks, while simultaneously driving profitability and growth for its stakeholders.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 24, 2025
AI Summary
Q3 2025

Rental Income Growth: Rental income jumped 25% to SEK 1.963 billion, with acquisitions and CPI-linked contracts as key drivers.

Profitability: Profit from property management increased by 32%, and earnings per share from property management rose 18.7% to SEK 19.91.

Strong Balance Sheet: Loan-to-value ratio stands at 39.2%, and equity ratio is 51%, both supporting more growth and investment capacity.

Portfolio Expansion: The total property portfolio value is nearly SEK 44 billion, with major acquisitions and ongoing development projects.

Market Activity: The company sees more transaction opportunities and increased leasing activity after a quiet first half of the year.

Sustainability: 58% of the area is environmentally certified, and the net zero target was pushed to 2040 to align with market standards.

Guidance & Outlook: Management is positive on future opportunities, citing strong cash flow and significant headroom for acquisitions and projects.

Key Financials
Rental Income
SEK 1.963 billion
Earnings per Share from Property Management
SEK 19.91
EPRA NRV per Share
SEK 438
Loan-to-Value
39.2%
Equity Ratio
51%
Net Debt to EBITDA
7.8x
Interest Coverage
3.9x
Total Portfolio Value
SEK 44 billion
Average Lettable Value per Square Meter
SEK 12,761
Net Leasing (Q3)
SEK 7 million
Net Leasing (First Nine Months)
SEK 70 million
Letting Ratio
96.6%
WALE (Weighted Average Lease Expiry)
6.5 years
Environmentally Certified Area
58%
Turnover EU Taxonomy Alignment
76%
Produced Solar Energy (12 Months)
36,500 megawatt-hours
Installed Solar Output
71 megawatt power
Average Interest Cost
3.2%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Jörgen Eriksson
Chief Executive Officer
No Bio Available
Ms. Sofie Bennsten
Deputy CEO & CFO
No Bio Available
Martin Dellbratt
Chief Accountant
No Bio Available
Ms. Annie Nyblom
Head of Marketing & Communications
No Bio Available
Ms. Malin Nissen
Head of Human Resources
No Bio Available
Mr. Johan Franzen
Head of Business & Property
No Bio Available
Ms. Amanda Thynell
Head of Sustainability
No Bio Available
Mr. David Silvesjo
Chief Treasury Officer
No Bio Available

Contacts

Address
SKANE
Helsingborg
Landskronavagen 23
Contacts