DB:6DV0Real Estate
Logistri Fastighets (DB:6DV0) Stock Grapples With Sharp Margin Compression
Logistri Fastighets went into this report with a muted share price, flat over the past week and down over the past three months, even as its valuation metrics looked modest against peers. The headline today is not the revenue line; it is the sudden squeeze in profitability. Net income in Q2 landed at 23.027 million SEK on 54.648 million SEK of revenue, a sharp step down from the very rich margins seen in recent quarters and flattered by earlier one off gains. For a real estate owner built on...