Log CP's profit rises

Published 4 months ago · Real Estate

Reading time: 30s  ·  Source 47s  ·  · globo.com

Sentiment:   ·   ·   · 

businesses: Log CP

  • Log CP reported a net profit of R$ 100.1 million in Q4, a 36.6% increase compared to the same period in 2023.
  • EBITDA rose by 124.7% to R$ 142.6 million.
  • Net revenue increased by 17.5% to R$ 55.9 million, with a stable gross margin of 97.6%.
  • The company ended the year with 951.9 thousand square meters of gross leasable area, a decrease of 4.6% year-on-year.
  • The average rental ticket increased by 10.6% to R$ 21.76, while the stabilized vacancy rate remained unchanged at 0.65%.
  • In 2024, Log CP achieved a net profit of R$ 344.4 million, up 76.6%, with EBITDA reaching R$ 493.6 million, an increase of 86.2%.
  • Net revenue slightly decreased by 0.2% in 2024 to R$ 219.7 million.
  • The adjusted net debt to EBITDA ratio improved from 1.87 times to 0.81 times.

Find out the mood, impact, relevance and relevant interest groups

Analyses of the article

SENTIMENT

The article highlights substantial increases in net profit and EBITDA, indicating a favorable financial performance, which contributes to a positive sentiment.

IMPACT
Short

The financial results reported show significant improvements in net profit and EBITDA, which are short-term impacts that can influence investor confidence and market perception.

RELEVANCE
Moderate

While the financial results are important, they primarily affect investors and stakeholders in the business sector, making it moderately relevant to a broader audience.

STAKEHOLDER
businesses

The article focuses on the financial performance of Log CP, which directly impacts the business sector and its stakeholders.