Trade Catena - CATE CFD

Catena Company profile

About Catena AB

Catena AB is a Sweden-based company engaged in the real estate sector. The Company specializes in the acquisition, management and development of properties and logistics facilities. Its assets comprise offices, warehouses, stores and cold storages. The Company operates primarily in three areas: Oresund, Goteborg and Stockholm. Furthermore, its project portfolio includes: Haga Norra, which is responsible for the construction of a city district with housing, offices and commercial premises in Solna Municipality; as well as Urban gardening, which develops food cultivation in cities and filtration pools that are located on buildings roofs. The Company's subsidiaries comprise Catena Logistik AB, Catena Byggnads AB, Catena Fastigheter AB, Catena i Stenungsund AB, Catena i Vinsta AB, Catena i Taby AB and Queenswall AB.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Catena AB revenues increased 10% to SEK1.39B. Net income increased 76% to SEK2.69B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Net Operating Income (NOI) - Malmo increase of 34% to SEK206.9M, Adjustments on Investment Property increase of 100% to SEK2.32B (income).