Brief: Logistea Updates Its Financial Targets And Risk Limits

Logistea AB

10/09/2024 07:10

Sept 10 (Reuters) - Logistea AB  LOGIa.ST :
    * LOGISTEA UPDATES ITS FINANCIAL TARGETS AND RISK LIMITS
    * MAINTAINS OPERATIONAL TARGET OF 50% OF LOAN PORTFOLIO
BEING
GREEN FINANCING, BUT EXTENDS TARGET FROM 2026 TO END-2027
    * TARGET: PROFIT FROM PROPERTY MANAGEMENT PER ORDINARY SHARE
SHALL
INCREASE BY AT LEAST 15% PER YEAR ON AVERAGE OVER 5-YEAR PERIOD
    * TARGET: NAV PER ORDINARY SHARE SHALL INCREASE BY AT LEAST
15%
PER YEAR ON AVERAGE OVER 5-YEAR PERIOD
    * TARGET: LOAN-TO-VALUE RATIO SHALL NOT EXCEED 60%
    * TARGET: INTEREST COVERAGE RATIO SHALL EXCEED 1.8 TIMES

Source text for Eikon:  ID:nMFN7zrBKs 
Further company coverage:  LOGIa.ST 

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