Brazil · Delayed Price · Currency is BRL LOG Commercial Properties e Participações Earnings Call Transcripts
Fiscal Year 2026
-
Record Q1 2026 results with 55% net income growth, major asset sale for BRL 1.02 billion, and robust demand from e-commerce. Vacancy remains at 1.1%, leverage set to drop, and service revenues are surging.
Fiscal Year 2025
-
Achieved record low vacancy, strong revenue and EBITDA growth, and announced a BRL 1.5 billion asset sale to fund expansion and reduce leverage. Service revenues and asset management grew rapidly, with continued focus on capital efficiency and dividend payments.
-
Strong demand and low vacancy drove robust leasing and financial results, with net income up 14.7% YoY and service revenues surging 62%. Asset recycling and disciplined capital management supported expansion, while service revenue is on track to cover SG&A.
-
Strong Q1 performance with 102,000 sq m delivered, all pre-leased, and net income up 56% year-over-year. Asset recycling and disciplined capital management support growth, with guidance reaffirmed and robust liquidity for 2025 plans.
Fiscal Year 2024
-
2024 saw record sales, revenue, and deliveries, with strong EBITDA and net income growth, reduced leverage, and high dividend payouts. The LOG 2 Million plan targets 2 million sqm of GLA by 2028, with continued focus on asset recycling and disciplined capital management.
-
Record asset sales and strong demand drove double-digit revenue and EBITDA growth, with vacancy at a historic low and leverage further reduced. E-commerce tenants now dominate the portfolio, and robust pre-leasing and asset management growth support a positive outlook for 2025.
-
Record GLA production and strong pre-leasing drove robust financial results, with net income up 109% and EBITDA doubling year-over-year. Asset sales delivered high margins, leverage improved, and aggressive share buybacks and dividends reflected strong cash generation.